Swiggy Shares Hit 10% Lower Circuit After Q2 Results
Swiggy shares fell as much as 10% in early trade on October 23, hitting the lower circuit at Rs 190.20 after the company reported a narrower consolidated net loss for the September quarter. Brokerages cut target prices over profitability concerns.
Shares of Swiggy fell as much as 10 percent in the early trade today, October 23, to hit the lower circuit of Rs 190.20, after food delivery and quick commerce company reported a narrower consolidated net loss for the September quarter of the financial year 2026-27, supported by strong revenue grow…