Swiggy’s IPO worth Rs 11,324 crore is open until November 8, with a price range of Rs 371-390 per share and a minimum lot size of 38 shares. Institutional investors like Accel India and Norwest Venture Partners are selling portions of their holdings, with the funds supporting debt repayment and expansion. Despite being unprofitable, Swiggy’s growth potential in the quick commerce sector makes the IPO attractive for long-term investors.
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Top stocks to buy today: Stock recommendations for April 25
Top stocks to buy (AI image) Stock market recommendations indicate that Lemon Tree Hotels and Electrosteel Castings are top picks for April 25, 2025, as Nifty shows a positive trend, closing at 24,246 after a recent rally. Bank Nifty also reached an all-time high, driven by institutional buying and favorable RBI policies, with a target of 56,800 if it breaks above 56,000. Investors are advised to buy Lemon Tree Hotels in the range of Rs...
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