{"id":989216,"date":"2026-02-02T08:39:03","date_gmt":"2026-02-02T03:09:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989216"},"modified":"2026-02-02T08:44:51","modified_gmt":"2026-02-02T03:14:51","slug":"swiggy-why-nuvama-sees-49-upside-potential-despite-instamarts-cash-burn","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/swiggy-why-nuvama-sees-49-upside-potential-despite-instamarts-cash-burn\/","title":{"rendered":"Swiggy: Why Nuvama sees 49% upside potential despite Instamart\u2019s cash burn"},"content":{"rendered":"<p>In India\u2019s crowded online food technology space, Swiggy remains one of the most closely watched names. From food delivery to quick commerce, the company sits at the centre of a fast-changing consumption world. <\/p>\n<p>After Swiggy announced its Q3FY26 numbers, the brokerage house Nuvama has maintained a \u2018Buy\u2019 recommendation and set a target price of Rs 490. From the current market price of around Rs 328, this implies an upside potential of nearly 49%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In India\u2019s crowded online food technology space, Swiggy remains one of the most closely watched names. From food delivery to quick commerce, the company sits at the centre of a fast-changing consumption world. After Swiggy announced its Q3FY26 numbers, the brokerage house Nuvama has maintained a \u2018Buy\u2019 recommendation and set a target price of Rs 490. From the current market price of around Rs 328, this implies an upside potential of nearly 49%.<\/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":[63,4,12],"tags":[],"class_list":["post-989216","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989216","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=989216"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989216\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}