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New-age tech companies face an unforgiving market after grand IPOs. What lies ahead for Swiggy?

2024-11-05 05:32:04| The Economic Times

New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have seen their stock prices plummet, highlighting investor concern over profitability. While Zomato has shown a turnaround, upcoming IPO hopeful Swiggy's path to profitability remains a key concern for potential investors.


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