Swiggy’s latest share price on BSE stands around ₹319–₹334, reflecting renewed investor interest amid expanding quick-commerce operations and strategic initiatives. The stock, while trading below its lofty IPO highs, draws attention with analyst upgrades and dynamic market performance. Let’s unpack what’s driving the current valuation, what’s ahead, and how it stacks against key benchmarks using fresh data.
Current Price Snapshot and Trends
BSE Trading Overview
As of February 6, 2026, Swiggy’s share price was ₹319.80 on BSE, marking a minor dip (~0.5%) from the prior day’s close of ₹321.45 ﹣ a subtle volatility signal amid broader market calm.
NSE/BSE Mid-Feb Performance
By February 9, 2026, closing price on INDmoney approximated ₹333.70, with intraday movement between ₹319.50 and ₹335.00. Market cap stood around ₹92,112 crore.
Broader Volatility and Momentum
Price swings remain significant in short-term charts. Over the past week, Swiggy recorded a ~3% gain, though monthly and quarterly returns have trended negative (−11% and −22%, respectively). This suggests notable volatility, with momentum signals like weekly stochastic crossovers prompting short-term optimism among some investors.
Financial Fundamentals & Analyst Ratings
Profitability and Ratios
Swiggy continues running at a loss. Trailing EPS stands at roughly −₹16, giving a price-to-earnings ratio of about −20. Its book value per share sits near ₹71–₹72, yielding a P/B around 4.5–6.3 depending on the source.
It reported a consolidated loss around ₹1,065 crore for its last full quarter, underlining persistent profitability challenges.
Analyst Sentiment & Targets
Most analysts (~80%) rate Swiggy a “Buy,” with an average price target of approximately ₹446 — suggesting potential upside of about 30–35% from current trading levels.
JM Financial recently rated it “Accumulate” with targets between ₹400–₹370, while Motilal Oswal leans bullish with a ₹440 target.
Historical Debut and Price Peaks
Swiggy launched its IPO in November 2024 at ₹390 per share. It listed at ₹412 on BSE and ₹420 on NSE, marking premiums of about 5.6% and 7.7%, respectively.
In mid-December 2024, the stock soared to an intraday high of ₹612, following coverage initiation by Axis Capital and a bullish “Buy” call with a ₹640 target.
Since that peak, the stock has retracted significantly, trading now well under ₹340 — a reflection of intense competition, rising losses, and operational expenses tied to quick commerce expansion.
Growth Strategies and Market Dynamics
Quick Commerce Expansion
Swiggy’s aggressive push into quick commerce through Instamart has been a double-edged sword. While boosting revenue visibility, it’s amplified losses — Q4 FY25 loss was over ₹1,081 crore, nearly double prior year — driven by higher infrastructure and labor costs.
Macroeconomic Tailwinds & Budget Impact
Recent budget proposals creating “City Economic Regions” may stimulate urbanization and organized economic activity beyond metros — favorable terrain for Conglomerates like Swiggy to deepen Tier-II and Tier-III presence. MD Sriharsha Majety flagged this as a medium-term growth catalyst.
Putting It All Together
Swiggy’s BSE share price hovers between ₹320–₹335, offering contrast between past highs and current realities. Losses remain persistent, though analysts largely stay bullish, citing anticipated growth, continued expansion of Instamart, and improving macro-enablers. Yet, watch out — profitability is distant and competition remains fierce.
“Swiggy’s expansion in quick commerce, backed by tech investments and goal to deepen reach beyond metros, makes it a compelling long-term story — assuming cost discipline tightens.”
That sense of cautious optimism fits current sentiment. Mental preparedness for ups and downs is a must.
Conclusion
Swiggy’s current BSE share price paints a growth-for-loss narrative. Investors eye upside driven by analyst optimism and city-tier expansion, while wary of ongoing losses and stiff competition. The stock may well find buying moments on pullbacks, but fundamental turnaround will hinge on efficient scaling and market share gains.
Careful monitoring of quarterly trends, analyst revisions, and policy developments will be key for informed positioning.
FAQs
What’s Swiggy’s current share price on BSE?
It trades roughly between ₹320 and ₹334, with Monday’s close at ₹319.80 and mid-February levels around ₹333.70.
Is Swiggy profitable?
No, the company remains unprofitable. Recent quarterly loss stands over ₹1,000 crore, with a negative EPS of around ₹16 and a negative P/E metric (~-20).
What do analysts say about Swiggy?
About 80% recommend “Buy,” targeting prices around ₹446 on average, while some like Motilal Oswal put short-term targets between ₹370–₹440.
Why did Swiggy shares fall from IPO peak?
After listing at a significant premium, the shares later dropped sharply due to widening losses, aggressive costs in quick commerce expansion, and intense competitive pressure.
How high did it go at its peak?
The stock once climbed to ₹612 intraday (~Dec 2024) on bullish broker coverage, notably from Axis Capital.
What could help Swiggy’s share price rebound?
Improved cost control, visible margin traction in Instamart, broader reach beyond metro cities, and positive macro policy tailwinds could help drive recovery.
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