Will Swiggy deliver? Food aggregator to report first quarterly results post listing

Food delivery major Swiggy is expected to witness meaningful improvement in key operating metrics in the fiscal second quarter earnings report, scheduled to be announced. This will be Swiggy’s first results post the company got listed on the exchanges on November 13. The food delivery firm’s IPO was opened on November 06 and got subscribed 3.59 times while the retail section was booked 1.14 times. The issue was primarily driven by QIBs, subscribing to the issue 6.02 times. The IPO closed on November 08.