Nuvama initiates on Swiggy after Rs 10,000 crore QIP announcement; check rating, target
Published on: Nov. 10, 2025, 3:26 p.m. | Source: Business Today
Nuvama Institutional Equities highlights that Swiggy’s Food Delivery business is now the primary driver of value, attributing this to Swiggy's superior operational scale and profitability.
