India's Swiggy, HPCL rise after partnership for doorstep cooking gas cylinder delivery
16/07/2026 06:38
BUZZ-India's Swiggy, HPCL rise after partnership for doorstep cooking gas cylinder delivery ** Shares of India's Swiggy SWIG.NS rise 4.3% to 281.59 rupees
** India's Hindustan Petroleum Corporation HPCL.NS also rises 2% to 402.4 rupees
** Food delivery co and refiner said on Wednesday they would partner to launch doorstep delivery of cooking gas cylinders via Swiggy's quick commerce platform, Instamart
** SWIG on avg rated "buy" by 28 analysts (median PT 360 rupees); HPCL on avg rated "hold" by 31 analysts (median PT 398 rupees) - data compiled by LSEG
** YTD - SWIG down 27%, HPCL down 19.4%
(Reporting by Abhirami G in Bengaluru)
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