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Morgan Stanley Begins Coverage on Swiggy, Sees Strong Growth Ahead – June 3, 2025
Global investment firm Morgan Stanley has officially initiated coverage on Swiggy, assigning it an ‘Overweight’ rating with a target price of ₹405. The brokerage highlights Swiggy’s improving operational execution and the promising future of its quick commerce and food delivery businesses as key drivers for growth.
Morgan Stanley estimates that India’s quick commerce and food delivery market could reach a total addressable market (TAM) of $57 billion by 2030, reflecting significant expansion potential in the coming years.
While acknowledging potential risks in execution and competition, the overall outlook for Swiggy remains bullish, particularly due to its strong positioning in the high-growth segments of the digital commerce space.
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Swiggy Stock Eyes Breakout: Bullish RSI Signal in Play – June 4, 2025
Swiggy’s stock is showing signs of a potential breakout as it continues to consolidate within a falling parallel channel. Technical analysis reveals a bullish divergence on the RSI (Relative Strength Index), suggesting that buyers may soon take control.
Key Technical Levels to Watch:
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Buy Trigger: Above ₹330
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Target Price: ₹375
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Support Level: ₹312 (channel support)
With strong volume confirmation, a breakout above ₹330 could attract momentum buyers. Keep an eye on daily closing levels as Swiggy prepares for a possible trend reversal.
Frequently Asked Questions (FAQs) About Swiggy Ltd Share Price – June 4, 2025
1) What is the current share price of Swiggy Ltd today ?
As of June 4, 2025, Swiggy Ltd’s stock price is ₹362.75.
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Opening Price: ₹361.40
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Previous Close: ₹333.20
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Day’s High: ₹364.95
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Day’s Low: ₹335.10
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52-Week High: ₹617.30
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52-Week Low: ₹297.00
2) How much volume did Swiggy Ltd stock trade today ?
Swiggy Ltd saw a traded volume of 5.26 crore shares today, indicating high investor interest and active participation in the market.
3) What is the current market cap of Swiggy Ltd ?
Swiggy Ltd’s market capitalization stands at ₹83,088.31 crore as of today. Market cap is calculated by multiplying the share price with the total number of outstanding shares.
4) What are Swiggy Ltd’s 52-week high and low prices ?
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📉 52-Week Low: ₹297.00
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📈 52-Week High: ₹617.30
Currently, the stock is 41.24% below its 52-week high and up by 22.14% from the 52-week low, indicating a potential recovery trend.
5) How does Swiggy generate its revenue ?
Swiggy earns revenue through multiple streams:
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Delivery and platform fees from food and grocery orders
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Advertising and promotional services for partner restaurants
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Subscription-based offerings like Swiggy One
6) What are Swiggy’s total assets as of FY24 ?
As per FY24 financial data, Swiggy reported total assets of ₹10,529 crore. By September 2024, its asset base was at ₹10,430 crore.
7) Is Swiggy currently profitable ?
No, Swiggy is not profitable yet. It reported a quarterly loss of ₹799 crore in Q3 FY25, and an annual loss of ₹2,350 crore for FY24.
8) Who is the current CEO of Swiggy ?
Sriharsha Majety is the Managing Director and Group CEO of Swiggy, continuing to lead the company through its growth and digital transformation journey.