"I feel it is not profitable and there is a chance that listing will happen gain will happen but immediately after the gain I think there will be a small I in my opinion there might be a small correction and if that happens then if you have invested in the unlisted Market you are at high risk because 6 months if it goes down like zomato like 73% you're finished"
By Finance With Sharan | October 30, 2024 | Correct
From video
Watch this before investing in Swiggy IPO | Ep 41 00:18:00 - 00:18:18
Interpreted Prediction
Swiggy's IPO will likely see listing gains, but will be followed by a small correction due to its unprofitability. This correction could be significant, similar to Zomato's post-IPO drop of 73%.
AI Evaluation Notes
Evaluated on 2026-04-21
Swiggy's IPO saw modest listing gains (listing at ₹420 vs. ₹390 issue price), followed by a significant correction due to persistent unprofitability and market pressure, aligning with the prediction's core thesis. While the stock has not dropped by the specific 73% figure cited as a comparison, it has experienced a substantial decline, trading around ₹267 as of April 2026.

Prediction Details

Topic
Price at the predicted date
267 USD

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