Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company’s net loss decreased by thirty-four percent year-on-year in the first quarter. Revenue from operations increased more than thirty-seven percent year-on-year during the April-June quarter. Analysts offered mixed recommendations, with some maintaining buy ratings and others downgrading the stock. The focus remains on achieving profitability in quick commerce while sustaining food delivery growth.
Thangamayil Jewellery shares crash 32% in a week. What should investors do?
Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first