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Jun 12, 2025
Swiggy's stock sees significant increase
Swiggy's stock climbed 2.74% to ₹365.80 on Thursday morning, catching the eye of investors and boosting its influence on major indices like NIFTY NEXT 50 and NIFTY 100. The catch? The company is still dealing with big losses—₹1,078.96 crore for the March 2025 quarter—even as revenues keep growing.
TL;DR
Investors are betting on the company's future growth potential
Despite posting a net loss of ₹3,114.23 crore for FY2025 (on revenue of ₹15,226.76 crore), investor confidence in Swiggy remains strong. Many see potential in the company's strategy and believe it's well-positioned for future growth, which helps explain why the stock is still getting so much attention.