Friday, 31 July 2026 · World
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EUROS The World Financial Report
Nº 20 Friday, 31 July 2026 · World Edition
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Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?

Markets-Economic Times · 2h ago · 🇮🇳 India
Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?

Swiggy shares plunged as much as 6% after the food delivery and quick commerce company reported its June-quarter results. While the consolidated net loss narrowed year-on-year, investors remained cautious over profitability and margin pressures. Brokerages stayed largely positive on the stock, with most retaining their 'Buy' ratings, citing long-term growth potential despite near-term challenges.

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