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Is Now a Good Time to Buy Swiggy Stock?
Swiggy’s stock recently hit an all-time low of ₹326.10 but has started to recover slightly. Analysts at Citi see a potential 30% upside, and despite ongoing losses, the company continues to expand its quick commerce and food delivery business. Personally, I think this dip could be an opportunity, considering Swiggy’s strong market presence and revenue growth. However, competition from Zomato and regulatory challenges are real concerns. I’m leaning toward it being a long-term play rather than a quick gain. What do you guys think? Anyone else watching Swiggy right now?5
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