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flag Swiggy's stock hits 52-week low after reporting higher losses in Q3 despite revenue growth.

flag Swiggy's stock fell 6%, hitting a 52-week low, after Q3 results showed higher losses despite revenue growth. flag The quick commerce sector faces challenges due to increased competition and costs, affecting Swiggy's stock. flag Analysts have mixed ratings, with some suggesting a potential 18-60% upside, while others maintain a "reduce" rating. flag ICICI Securities has a buy rating with a target price of Rs 740.

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