Swiggy Share Price Gains for 3rd Straight Session on June 20; Here's Why

As of 11:15 AM, Swiggy shares were trading 1.19% higher at ₹378.60, while the BSE Sensex was marginally up 0.91% at 82,102.33. The company's market capitalisation stood at approximately ₹94,347 crore. The stock has seen a 52-week high of ₹617 and a low of ₹297.

Swiggy's share price rose for the third consecutive session on June 20, 2025, reflecting growing investor confidence in the company's prospects. On Thursday, June 19, the stock surged 4.2% intraday to touch a high of ₹380.8 per share on the BSE, marking a nearly 7% gain over the last 2 sessions.

Market Outlook Supports Quick Commerce and Food Delivery Growth

According to recent market reports, there is growing optimism around Swiggy's quick commerce (QC) operations, particularly Instamart, which is expected to become one of the leading players in the segment alongside other major platforms.

The quick commerce industry in India is projected to grow at a 50% compound annual growth rate (CAGR) between FY25 and FY28, and is estimated to touch $40 billion by FY30. Swiggy is expected to retain a top 3 position in this rapidly expanding space.

Food Delivery Seen as Structural Growth Segment

The company’s food delivery segment is also forecasted to deliver a steady 18% CAGR through FY28, supported by improving execution and stabilising market share. Reports suggest that the gross order value (GOV) for Swiggy could grow 15–20% annually over the next decade, reinforcing its positioning in India’s online food delivery ecosystem, as per news reports.

Revenue and Margin Expectations Improve

On the financial front, Swiggy is expected to post a 28% revenue CAGR over FY25–28. Market expectations point to adjusted EBITDA margins of around 7% by FY28, with a steady climb in profitability as the company approaches optimal operating scale, as per news reports.

Instamart, the company’s quick commerce arm, is projected to grow more than fourfold by FY28, with breakeven in EBITDA terms expected by FY29.

Read More: Amazon Joins Quick Commerce Race: What It Means for Zomato and Swiggy.

Conclusion

Swiggy’s recent stock performance appears to be driven by improved business execution, positive outlook for its food delivery and quick commerce divisions, and broader structural growth trends in India’s digital consumption space. With expectations of expanding market share and margin improvement, the company continues to remain in focus among market participants.

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