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Swiggy falls over 5% after Q1 as broker targets split from ₹230 to ₹430

Swiggy shares fell over 5% after Q1FY27 results despite losses narrowing to ₹791 crore. Brokerages diverged on food delivery margins, Instamart growth and cash burn, with targets ranging from ₹230 to ₹430 and debate over quick-commerce EBITDA breakeven timing.

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07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Q1FY27 net loss ₹791 crore versus ₹1,197 crore year earlier
Motilal Oswal target price ₹350
Elara target price ₹350, revised from ₹360

Also in the report

  • Quick-commerce EBITDA break-even may extend beyond FY29

Other figures

  • ₹291 at 9:56 am
  • Intraday low ₹280.20
  • Previous close ₹295.91
  • 52-week low ₹235.75

The source

Source Read the source at The Hindu BusinessLine

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