Broker’s call: Swiggy (Buy)
· thehindubusinessline.com
Swiggy stock upgrade to Buy on solid food delivery profits and strong cash flows, with target ₹310 and 30x FY28 EBITDA.
Target: ₹310
CMP: ₹234.05
Swiggy is transitioning from a phase where growth was a compromise against profitability. Noticeably, over the last four quarter...