Great Opportunity to Earn! Swiggy Shares Set to Soar, Says Elara Capital – Time to Buy
Brokerage firm Elara Capital has given a bullish outlook on Swiggy's shares, recommending investors to buy. With strong growth potential in the food delivery and quick commerce sector, Swiggy is poised for a sharp rise in valuation, offering a lucrative opportunity for investors.
Brokerage house Elara Capital has released a report on Swiggy's shares. The firm has given it an Accumulate rating and advised to buy its shares. And has set a new target price for it. Let's know how far Swiggy's shares can go.
Food delivery platform and quick commerce sector company Swiggy's shares (Swiggy Share news) can make big money. Because brokerage firm Elara Capital has published a good report about the company. According to the report released by the firm on Swiggy, Swiggy will book good profits in the coming time. Its different businesses will become profitable by 2027. The brokerage firm has set a new target price with Accumulate rating.
Elara Capital news said that the company has a great opportunity to improve its growth and profitability. Especially its food delivery (FD) and quick commerce (QC) businesses are going to pick up pace in the coming time. That means its shares can be purchased for the long term.