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Multibagger electrical equipment stock is in focus as company bought 1,38,800 equity shares of Swiggy Ltd worth Rs 4,99,68,000
Multibagger electrical equipment stock is in focus as company bought 1,38,800 equity shares of Swiggy Ltd worth Rs 4,99,68,000

Multibagger electrical equipment stock is in focus as company bought 1,38,800 equity shares of Swiggy Ltd worth Rs 4,99,68,000

Softbank-backed Swiggy Ltd is considering filing for its IPO this week, aiming to raise over USD 1 billion.

Kiran Shroff Article rating: 4.4

The company has a market cap of over Rs 600 crore with a PE of 16x whereas the industry PE is 60x.

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