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Swiggy share price: Swiggy shares climbed following strong Q2 FY25 revenue growth, despite a reported loss of Rs 625.53 crore. Innovations like Bolt for 10-minute food delivery and Instamart expansion contributed to a 30% YoY increase in gross order value, with strong broker expectations for future growth in food delivery and quick commerce.
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News and Media
Reliance Power shares surged after Solar Energy Corporation of India Limited withdrew its debarment notice. The withdrawal allows Reliance Power and its subsidiary to participate in SECI tenders again. The legal proceedings led to this decision, although SECI retains the right to take further actions per the law. Reliance Power shares have increased significantly in 2024.
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Nisus Finance Services launches its SME IPO aiming to raise Rs 114 crore with shares priced between Rs 170-180 apiece. The IPO includes a fresh equity sale of Rs 101 crore and an offer for sale of 7 lakh shares. The issue, managed by Beeline Capital Advisors and Skyline Financial Services, opens on December 4 and closes on December 6.
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News and Media
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