Swiggy stock won’t deliver ‘meaningful returns’ to investors, warns JM Fin (Soban News)

JM Financial has downgraded Swiggy’s stock to ‘Reduce’ due to concerns about cash burn, slow dark store expansion for Instamart, and the need for a larger capital raise​JM Financial has downgraded Swiggy’s stock to ‘Reduce’ due to concerns about cash burn, slow dark store expansion for Instamart, and the need for a larger capital raise ​Latest News [ SOBAN NEWS: International and National ]