{"id":888428,"date":"2024-12-17T09:24:08","date_gmt":"2024-12-17T03:54:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=888428"},"modified":"2024-12-17T09:33:17","modified_gmt":"2024-12-17T04:03:17","slug":"swiggy-share-price-poised-for-20-upside-axis-capital-initiates-coverage-on-stock-highlights-competitive-position","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/17\/swiggy-share-price-poised-for-20-upside-axis-capital-initiates-coverage-on-stock-highlights-competitive-position\/","title":{"rendered":"Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position"},"content":{"rendered":"<p>Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a \u2018Buy\u2019 rating and a target price of \u20b9640, citing a 27 per cent valuation discount to peer Zomato as justified. The target price suggests a 20 per cent upside from the last close of \u20b9532.35. <\/p>\n<p>Analysts at Axis Capital view Swiggy as a compelling investment opportunity, leveraging its strong position as India\u2019s second-largest player in both quick commerce (q-com) and food delivery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a \u2018Buy\u2019 rating and a target price of \u20b9640, citing a 27 per cent valuation discount to peer Zomato as justified. The target price suggests a 20 per cent upside from the last close of \u20b9532.35. Analysts at Axis Capital view Swiggy as a compelling investment opportunity, leveraging its strong position as India\u2019s second-largest player in both quick commerce (q-com) and food delivery.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-888428","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/888428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=888428"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/888428\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=888428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=888428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=888428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}