Mumbai, April 15:슬롯 머신 사이트 추천Swiggy's share price has taken a sharp hit this year by plunging 38.32 per cent year-to-date (YTD) on the National Stock Exchange (NSE), as investor sentiment weakens over the company's rising losses and margin pressures. The stock, which closed flat at Rs 334.5 on Tuesday, has been under sustained pressure amid growing concerns about its quick commerce business and slowing growth in the food delivery segment.
Over the past six months, the stock has fallen 26.64 per cent, while the last one-month data shows a decline of 6.05 per cent on the NSE. Even though Swiggy saw a minor recovery of 4.29 per cent in the past five days, the broader trend remains negative as analysts warn of persistent challenges ahead. Bank of America (BofA) last month downgraded Swiggy슬롯사이트™s rating to 'underperform', slashing its target price from Rs 420 to Rs 325.슬롯 머신 사이트 추천HDFC Bank Share Price Today, April 15: HDFC Bank Limited Stocks Rise by 3.52% in Early Trade, Check Latest Price on BSE and NSE.
The brokerage cited slowing growth in the food delivery segment and intensifying competition in the quick commerce space as major risks. BofA also pointed out that rising competition from new entrants offering deep discounts, coupled with higher marketing expenses, will likely impact Swiggy's profitability in the near term.
슬롯사이트œThis increased competition could lead to higher marketing expenses, greater platform discounts, and a drop in delivery charges for consumers,슬롯사이트 the brokerage said on March 26. The bigger concern, analysts say, is that profits from food delivery -- once a stable source -- are now being redirected to cover losses in quick commerce, a business that remains far from breakeven. Adding to the gloom, the company reported a Rs 799 crore net loss in Q3 FY25 -- a 39 per cent jump from the year-ago period.슬롯 머신 사이트 추천Tata Power Share Price Today, April 15: Tata Power Shares Surge 3.69% After Company슬롯사이트™s Subsidiary Signs INR 4,500 Crore Deal With NTPC.
Sequentially too, losses grew sharply compared to the previous quarter. Swiggy슬롯사이트™s operating loss (EBITDA before interest, tax, depreciation, and amortisation) rose to Rs 725.66 crore. However, revenue from operations grew 10.9 per cent quarter-on-quarter (QoQ) to Rs 3,993 crore, thanks to higher contributions from Instamart. The food delivery platform is set to announce its Q4 FY25 results soon.
(The above story first appeared on LatestLY on Apr 15, 2025 05:13 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).