Monday, 03 August 2026 · World
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EUROS The World Financial Report
Nº 23 Monday, 03 August 2026 · World Edition
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Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?

Markets-Economic Times · 1h ago · 🇮🇳 India
Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?

Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirty-four percent year-on-year in the first quarter. Revenue from operations increased more than thirty-seven percent year-on-year during the April-June quarter. Analysts offered mixed recommendations, with some maintaining buy ratings and others downgrading the stock. The focus remains on achieving profitability in quick commerce while sustaining food delivery growth.

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