Swiggy shares tumble 7% following CLSA’s Q3 downgrade and target cut
Swiggy shares stumbled sharply this week, tumbling around 7% in the Indian stock market after news broke of wider losses and a fresh downgrade from a major broker. The fall reflects growing concerns among investors about the company’s profitability path and the tough competitive environment in India’s food delivery and quick commerce phase. Q3 Earnings…
