Swiggy Shares Soar 8% on Nirmal Bang’s ‘Buy’ Rating, 26%+ Upside Seen
Swiggy shares surged nearly 8% in early trade after Nirmal Bang Institutional Equities initiated coverage on the food delivery platform’s holding company, Eternal, with a ‘Buy’ call. The firm sees a 26%+ upside from current levels, causing a fresh wave of excitement among investors and analysts. According to the report, Nirmal Bang believes that Swiggy’s…