Swiggy IPO Share Price Listing Live: Analysts View
“We believe the majority of the investors, especially non-institutional and retail, stayed back for a few reasons like Negative cash flow business model followed by concern on high competition and ongoing negative market mood. Considering low subscription demand and market sentiments, there is a very high possibility of flat to negative listing in the range of plus or minus 5-10% on its issue price,” says Prashanth Tapse of Mehta Equities
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