Last Updated on 1 month by Rojgar samachar
Swiggy share price in 2024: How beneficial is it for investment?
Swiggy share price in 2024: Know investment opportunities, projected growth, and risk factors
Swiggy, India’s leading food delivery company, remains a topic of discussion in the stock market in 2024. Swiggy’s share price and the news of its joining the stock market have generated huge interest among investors. In this article, we will discuss Swiggy’s share price, its future growth opportunities, and the risk factors of investing in it.
Estimated value of Swiggy share price 2024
The estimate of Swiggy’s share price in 2024 is attracting many investors. Swiggy has recently announced the launch of IPO, and through this IPO, the company is trying to increase its presence in the market. According to the initial estimate of Swiggy’s share price, it can be from Rs 300 to Rs 500 per share. With this price range, Swiggy is preparing to make its debut in the Indian stock market.
Swiggy’s business model and market position
Swiggy’s business model is entirely based on food delivery and cloud kitchens. With big competitors like Zomato and Amazon, Swiggy has created a strong position for itself. The company’s growth model and its market strategy can make it a stable and long-term investment option.
Benefits of investing in Swiggy
1. Growth of food delivery sector – The food delivery market is growing year after year, which can also increase Swiggy’s revenue.
2. Cloud kitchen expansion – Swiggy is constantly expanding its cloud kitchen services, which can increase the company’s earnings.
3. Customer base – Swiggy has a large and loyal customer base, which trusts its service.
Risks of investing in Swiggy share price in 2024
1. Growing competition – Big brands like Zomato and Amazon are a big threat to Swiggy, which can affect its growth.
2. Regulatory Challenges – New government policies and regulations may impact the food delivery sector, which may impact the company’s revenue.
3. Loss-making company – Swiggy is not yet profitable, which may put pressure on the company’s share price.
Possible impact of Swiggy IPO
Swiggy’s IPO is likely to hit the market in 2024, giving investors an opportunity to buy stake in the company. The response to Swiggy’s IPO may drive the share price up, but investors should invest cautiously, as there may be price volatility in the first few months after the IPO.
Conclusion
Swiggy’s share price and its growth potential may make it an attractive investment option in 2024. However, it is important to keep in mind the risk factors associated with it. While investing in Swiggy, it is important to understand the company’s financial health, growth potential and competition.
Final Thoughts: How profitable Swiggy share price will be in 2024 will depend on market conditions.