<ul><li>Swiggy's shares surged over 7% to INR 357.55 after Morgan Stanley initiated coverage with an 'overweight' rating.</li><li>Swiggy's market capitalization reached INR 88,836 Cr with 2.61 Cr shares traded by 1:05 PM.</li><li>Morgan Stanley raised Swiggy's stock price target to INR 405, citing improving execution in food delivery and expanding quick-commerce TAM.</li><li>Swiggy's consolidated net loss increased 95% YoY to INR 1,081.2 Cr in FY25 Q4 as quick commerce expansion impacted the bottom line.</li></ul>

Swiggy Shares Rally 7% After Morgan Stanley Initiates Coverage With ‘Overweight’ Rating

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