Swiggy back to square one as stock sinks 36% from peak, returns to IPO price. What’s ahead?

November 20, 2025

Swiggy’s stock has fallen 36% from its peak, returning nearly to its IPO price of Rs 390. Despite a 54% revenue jump, the company’s net loss widened to Rs 1,092 crore in Q2FY26, primarily due to quick commerce expansion. Brokerages remain divided on its future prospects.

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