After Hyundai, will listing gains be elusive for Swiggy too?
- Posted on November 7, 2024
- By Business News Today
- 1 Views
After Hyundai, will listing gains be elusive for Swiggy too?
Swiggy's IPO is facing uncertainty as analysts advise investors to consider the long-term potential due to profitability concerns and competition from Zomato. Despite conservative pricing, the IPO saw muted demand on its first day, with grey market trends indicating minimal listing gains.
