HDFC Securities Downgrades Swiggy to “Reduce”

While Raising PT to INR 470, HDFC Securities Downgrades Swiggy to “Reduce”

HDFC Securities, a broking firm, downgraded Swiggy from "add" to "reduce"; however, it raised its target price from INR 430 per share to INR 470. This would indicate a 9.2% decline from the stock's last closing price. Swiggy's stock closed on