Swiggy with a lot in store also needs profit on menu

February 18, 2025

After an uptick during the first month since its public listing on November 13 2024 where it gained 58% from the offer price of ₹390, the stock has gradually sunk below this threshold. In 2025 so far, it has lost 37%. The stock may remain under pressure in the short term given rising fixed costs and drag on contribution margin due to the fast pace of store additions.

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