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Swiggy IPO share price quote live | IPO News: Swiggy shares to debut today. Check forecasts from GMP and analysts
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Swiggy IPO share price quote live | IPO News: Swiggy shares to debut today. Check forecasts from GMP and analysts

06:26:52 IST, November 13, 2024

Live quotation of the Swiggy IPO share price: analysts’ point of view

“We believe the majority of investors, particularly non-institutional and retail, have remained on the sidelines for several reasons, including a negative cash flow business model, followed by concerns about strong competition and continued negative market sentiment . Given the low subscription demand and market sentiment, there is a very strong possibility of stable to negative listing in the range of plus or minus 5-10% on its issue price,” says Prashanth Tape by Mehta Equities