
Swiggy’s share price fell sharply on Monday, reaching a new record low on the BSE and extending a steep year‑to‑date decline.
The stock traded at ₹285.85 after a 5% intra‑day decline, breaking the previous low of ₹297 recorded on 13 May 2025. The volume surge saw roughly 55,90,000 shares changing hands across the NSE and BSE.
Since the start of CY2026, Swiggy’s price has fallen 26%, whereas the BSE Sensex recorded a 6% drop over the same period. The share now sits 27% below its issue price of ₹390.
At 12:11 PM the price was ₹290.10, a 4% dip, while the Sensex slipped 1.7%. Trading activity more than doubled, reflecting heightened investor interest amid the price fall.
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Swiggy's consolidated EBITDA loss widened to ₹712 crore, below estimates due to higher QC losses (CM -2.5%, adj. EBITDA margin -11.4%). Management reaffirms QC contribution breakeven by Q1FY27.
FD showed 20.5% YoY GOV growth (₹89.6B) with CM at 7.6%. Stock dip overreacts to QC competition; firm avoids deep discounts to protect AOV/margins, reviewing low-AOV investments.
The company reported a lower consolidated EBITDA for Q3, primarily attributed to higher losses in the quick commerce segment. However, the food delivery segment showed acceleration in Gross Order Value growth and margin improvement. The management stated that recent investments in consumer-side monetization did not yield the desired order growth.
Swiggy mentioned it will not participate in deep discount driven growth that sacrifices margins. The quick commerce division faces competitive intensity, leading to a review of strategies for cost efficiency. The company focuses on improving contribution margins through advertising and optimisation measures.
As of March 02, 2026, at 1:28 PM, Swiggy share price on NSE was trading at ₹288.80 down by 4.29% from the previous closing price.
Swiggy’s share price has reached an all‑time low of ₹285.85, marking a 26% decline in CY2026 and outpacing the broader market’s 6% fall. Volume spikes and a substantial gap from its issue price underscore the ongoing pressure on the stock.
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Published on: Mar 2, 2026, 2:29 PM IST

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