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Swiggy Shares Can Zoom 26% Says Motilal Oswal, Maintaining 'Buy' — Here's Why

Motilal Oswal maintains Buy on Swiggy with a target price of Rs 550, implying a potential upside of 26%.

Swiggy
Swiggy’s improved execution and rising average order value in quick commerce are enhancing its growth visibility.

(Photo: Vijay Sartape/NDTV Profit)

Swiggy’s strategy of optimizing its existing infrastructure while selectively adding new dark stores to strengthen coverage positions it well for steady growth and contribution margin expansion in the coming quarters.
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