Swiggy’s stock receives a ‘buy’ rating from Nomura, setting a target price of Rs 550, citing disciplined execution and improved breakeven visibility. Ongoing product innovations like Bolt are helping Swiggy gain market share against Zomato. Motilal Oswal also upgraded Swiggy to ‘BUY’, anticipating multiple tailwinds and raising food delivery growth estimates for FY26-27.
Sebi imposes Rs 10 lakh fine on Anand Rathi for violation of stock brokers’ norms
India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity