Motilal Oswal Gives ‘Neutral’ Rating To Swiggy, Sets INR 475 Price Target

Motilal Oswal gave a neutral rating to Swiggy, setting a price target of INR 475. The report highlighted Swiggy’s strong market position and growth potential but noted challenges such as intense competition and high operating costs. The analysis emphasized the need for Swiggy to focus on profitability and operational efficiency. The neutral rating reflects a balanced view of Swiggy’s prospects, acknowledging both opportunities and risks. This rating provides investors with insights into Swiggy’s performance and strategic direction, helping them make informed decisions.