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Swiggy Upgraded as GST Reforms Fuel India’s Market

Motilal Oswal has upgraded Swiggy to a “buy” rating, expecting a 32% rise in price, driven by GST reforms and festive demand. This signals renewed momentum in India's food delivery sector, with growth projections rebounding above 20% over the next quarters. Quick commerce stabilizes as expansion slows and operating leverage improves. GST reforms create a more favorable tax environment, encouraging smaller city adoption. Broad GST rationalization supports economic growth, promising sustainable profitability for platforms like Swiggy and Zomato.

👉 Read the full post: https://growwh.com/swiggy-and-quick-commerce-in-india-gain-momentum-with-gst-reforms/

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