Swiggy share price target 2030
Swiggy share price target 2025, 2026, 2027, 2028, 2029, 2030
Do you think that investing in Swiggy Ltd’s share has been profitable in recent times? Swiggy is one of the leading food delivery companies in India. The company is significantly expanding its business. Recently Swiggy launched its Initial Public Offering (IPO) on 6th to 8th November, 2024. The shares were listed on BSE and NSE on 13th November 2024. To enter in share market for this company is significant for both Investors and the future growth of Swiggy. Today through this blog I am going to explore Swiggy’s potential growth and Swiggy share price target 2025, 2026, 2027, 2028, 2029, and 2030. I did research and valuable advice from market experts to write this blog. This blog will give you the clarity to invest in the share.
Overviews of Swiggy Ltd
- Swiggy is one of the largest Indian online food ordering and delivery platforms. The company was Established in August 2014 by Sriharsha Majety, Nandan Reddy and Rahul Jaimini. Its headquarters is in Bangalore, Karnataka, India. Initially, it was known as Bundl Technologies PvT. Ltd. Recently the company rebranded to Swiggy Pvt. Ltd.
- Swiggy connects customers with their local restaurants by providing home delivery services. On the other hand, the company provides grocery delivery to home through Instamart and same-day package deliveries across the city through Genie.
- The company has spread its business over 580 cities across India. Approx. 6000 employees have worked in the company.
- Swiggy Ltd works as a B2C business model. The company operates its business through the online mobile app or its website. Whenever the order is placed, a delivery person collects the food items from the restaurants and delivers them to locations decided by the customers.
Swiggy IPO details
- The Swiggy’s IPO is one of the largest public offerings in this year.
- IPO dates : 6th November,2024 – 8th Novermber,2024
- Issue Size : ₹11,327.43 Crores, comprising a fresh issue of ₹4,499crores and an offer for sale of ₹6,828crores.
- Price Band : ₹371 – ₹390 per share
- Market lot Size : 38 shares
- Listing Date : November 13, 2024
- Market capitalization – ₹1,05,332 Cr.
- Current Price – ₹470
- 52 weeks high/low – ₹ 508/391
- Debt – ₹ 16,437Cr.
- Enterprise Value – ₹1,27,305 Cr.
- Profit Growth – 44.7%
- Sales Growth – 36.1%
- P/E – 0
- P/B – 32.22
- Book Value – ₹ 15.49
- Cash – ₹ 787.13 Cr.
- ROE – 0%
- ROCE – -19.83%
- EPS – -8.43
The Price Chart of Swiggy Ltd
Swiggy Share Price Target up to 2030
Swiggy is one of the most proficient companies related to online food delivery. As per some market analysts The company’s innovative business model will significantly hit its share in the near future. They think a bullish really will be seen in Swiggy’s share price as its business grows. It is expected that for the next five or ten years, the business of the company will be expanded and give a good return to investors. Now I am going to discuss Swiggy share price target 2025, 2026, 2027, 2028, 2029, and 2030 below.
Swiggy Share price target 2025
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹597 and a maximum price ₹681 in the year 2025.
Year | Target Price
(min) |
Target Price
(max) |
2025 | ₹597 | ₹681 |
Read More: Lloyds Enterprises Ltd target share price forecast – 2025, 2026, 2027, 2028, 2029, 2030
Swiggy Share price target 2026
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹685 and a maximum price ₹757 in the year 2026.
Year | Target Price
(min) |
Target Price
(max) |
2026 | ₹685 | ₹757 |
Swiggy Share price target 2027
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹757 and a maximum price ₹871 in the year 2027.
Year | Target Price
(min) |
Target Price
(max) |
2027 | ₹757 | ₹871 |
Swiggy Share price target 2028
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹885 and a maximum price ₹967 in the year 2028.
Year | Target Price
(min) |
Target Price
(max) |
2028 | ₹885 | ₹967 |
Swiggy Share price target 2029
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹987 and a maximum price ₹1074 in the year 2029.
Year | Target Price
(min) |
Target Price
(max) |
2029 | ₹987 | ₹1074 |
Swiggy Share price target 2030
As per market experts, it is expected that the minimum share price of Swiggy Ltd may reach ₹1107 and a maximum price ₹1285 in the year 2030.
Year | Target Price
(min) |
Target Price
(max) |
2030 | ₹1107 | ₹1285 |
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The Shareholding Pattern of Swiggy Ltd
- Promoters – 0.00%
- FIIs – 5.22%
- DLLs – 8.11%
- Public – 86.66%
The peers companies of Swiggy Ltd
- Zomato Ltd (Market capital – ₹252233.41Cr)
- Infi Edg.(India) (Market capital – ₹106559.58Cr)
- One 97 (Market capital – ₹59935.64Cr)
- Indiamart Intermesh Ltd (Market capital – ₹14120.27Cr)
- Just Dial (Market capital – ₹9489.23Cr)
- Wise Travel (Market capital – ₹428.62Cr)
The Key Factors of Swiggy Ltd
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Efficient Delivery Network:
A strong delivery network provides extra benefits to any company. Swiggy has such a delivery network with a large group of delivery partners, ensuring timely deliveries that can satisfy the customers. In this way, the sales growth of the company will increase with increasing the number of customers.
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Strong partnerships :
Swiggy has formed strategic partnerships with leading brands and companies to expand its services and reach. This move increases the company’s reputation and loyalty to customers. The reputation of Swiggy will give steady growth for long-term purposes.
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Innovative Ideas :
Swiggy always focuses on innovation. A group of experts continuously engages to improve service and meet evolving customer needs. This turn boosts the sales growth of the company and makes it profitable in the future.
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Diversified Services :
Swiggy has provided diversified services such as Swiggy Instamart for quick E-commerce and Swiggy Genie for same-day package deliveries. These service methods play a vital role in growing the company’s revenue.
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Market strategies and Branding :
Effective marketing strategies and branding are the crucial part of any company. Swiggy Ltd has effective market strategies and strong branding which have helped the company build a trusted brand.
The Risk Factors of Swiggy Ltd
- Competitive Market :
Strong competition has been shown in the online food delivery and quick E-commerce industry. It may impact directly Swiggy’s profit margin and market share. If Swiggy can’t properly track against its competitors like Zomato, it may affect the share price of Swiggy.
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Disrupted Technologies :
The whole services of Swiggy depend on advanced technologies. Any technology disruption may collapse Swiggy’s business model and disconnect the services between the company and customers. It can cut down the growth of Swiggy.
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Falling in Acquiring New Customer :
Swiggy has an attention to acquiring new customers to build up its business. However, failing to retain existing users and acquire new customers can badly impact Swiggy’s financial performance and share price.
Conclusion:
Recently Swiggy has been listed in the share market. No doubt, Swiggy has shown an average financial growth yet. It has happened because over the ten years old company has now mainly concentrated on its business growth by providing cheap service charges. According to market experts, Swiggy’s share will get a bullish trend after capturing the market. However, it will be noticed how the company will tackle some obstacles like competition against its peer companies, changing customers’ needs, and unfavorable market conditions. So, you should invest in Swiggy’s share with a long-term target for the next five or ten years.
I have discussed all important facts about Swiggy’s business and Swiggy’s share price targets in this blog. I hope it will help you to invest in swiggy share. But It is a fact that the share market is always unpredictable. Nobody can read it properly. It is just a roadmap and is written for only information and education purposes, not recommendations. You should analyze yourself or take advice from any financial experts before investing.
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