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Intensifying Competition in India's Quick Commerce Sector Weighs on Swiggy.

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    • Subject Terms:
      INDIA
    • Abstract:
      The article from Bloomberg.com discusses the challenges faced by Swiggy in India's quick commerce sector, with shares trading at a 20% discount to their IPO price due to intense competition and shrinking order values. Additionally, realty stocks are declining as demand moderates, and airline stocks are under pressure amid India-Pakistan conflict. The article also highlights the increase in local institutional ownership of Indian stocks compared to foreign investors. [Extracted from the article]
    • Abstract:
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