Hot Stocks: 3 stocks that may give returns between 13-26%
SWIGGY
BROKERAGE: JP MORGAN Price Target: Rs 730 CMP: Rs 582 Upside: 25.4%
- Company to catch up across food delivery (FD) and quick commerce (QC) with renewed focus and improved execution
- Stock trading at 32–42% discount to Zomato that appears overly pessimistic
- Bolt (10 min FD) could help Swiggy regain share
MOTILAL OSWAL FIN SERV BROKERAGE: INVESTEC Price Target: Rs 1,200 CMP: Rs 954 Upside: 25.8%
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