Morgan Stanley is bullish, against swiggy, eternal; view up to 33% potential upside

Morgan Stanley – Global brokers are bullish on evolving food delivery and fast commercial space. When we write, both food delivery professional deals are full of power. When writing this copy around 9:48 am, Swiggy earned 1.92% or Rs 6.4 and Rs 339.7. NSE’s stock was scaling to Rs 341.7 per share at the highest point of the day.

On similar strides, the eternal growth is Rs 243.15, while the stock’s high and low levels are Rs 245.83 and Rs 240.55, respectively, Rs 243.15, respectively, Rs 240.55, respectively.

Morgan Stanley

Global brokerage firms have already put the stock’s overweight call for Rs 405, meaning potential upside. The broker highlighted the company’s performance in the food delivery sector.

The broker also said the company is expanding its fast business total addressable market (TAM) and making an aggressive investment that is being discounted by the market. However, it does not transition in the highest number,