Loss-making Swiggy’s ₹11,327 cr IPO ‘overvalued’: Brokerages
Brokerages remained skeptical about Swiggy’s negative bottomline and cash flows; and intense competition from rivals Zomato, Zepto, and others.
Brokerages remained skeptical about Swiggy’s negative bottomline and cash flows; and intense competition from rivals Zomato, Zepto, and others.