ICICI Securities has reaffirmed its buy recommendation for Swiggy, setting a target price of Rs 740, significantly higher than the current market price of Rs 357.85. The company reported a consolidated total income of Rs 4530.71 crore for the quarter ended March 31, 2025, reflecting substantial growth compared to previous periods, despite reporting a net loss after tax.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets