Swiggy share price closed at Rs. 432.65, gaining 2.65% with robust trading volumes.
Analysts remain optimistic, with 67% of ratings recommending Buy or Outperform.
Despite financial challenges, Swiggy’s strong market position and food-tech growth keep investor sentiment positive.
Swiggy share price today witnessed positive momentum at the time of writing, trading at Rs. 432.65 with a 2.65% gain. The stock opened at Rs. 427.00, slightly higher than its previous close of Rs. 421.05, and is continuing its strong momentum today. Investor sentiment was buoyed by higher trading volumes and an optimistic outlook from analysts.
Swiggy share price touched an intraday high of Rs. 443.40 and a low of Rs. 424.10 before settling near the mid-range. The company’s market capitalization stands at Rs. 1,08,348 crore, reflecting its strong presence in India’s growing food-tech sector. The volume for the day was 25,223,556 shares, with a total traded value of Rs. 1,09,596.35 lakh, highlighting high participation from investors.
The Volume-Weighted Average Price (VWAP) was at Rs. 435.85, indicating that buyers dominated the trading session. With a beta of 1.28, Swiggy remains a moderately volatile stock compared to the broader market.
From a technical perspective, the pivot point is placed at Rs. 416.70. The resistance levels are identified at Rs. 433.05, Rs. 443.40, and Rs. 427.05, while the support levels are at Rs. 410.70, Rs. 400.35, and Rs. 394.35. Analysts believe that if Swiggy stock sustains above Rs. 433, it could test the higher resistance of Rs. 443.40 in the near term.
Swiggy share price chart on TradingView shows gains of 3.31%:
Swiggy shares’ 52-week high is Rs. 617.30, while its 52-week low stands at Rs. 297.00, showing significant volatility over the past year. The all-time high and low remain the same as the 52-week range. The upper circuit limit is Rs. 505.25 and the lower circuit limit is Rs. 336.85, indicating a broad trading band.
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On the fundamentals side, Swiggy shares currently have a negative book value per share of Rs. 24.50, reflecting past financial challenges. The TTM EPS is zero, and the price-to-earnings ratio is not applicable as the company has yet to report positive earnings. However, the sector PE stands at 184.65, suggesting high investor expectations from the food delivery industry.
Despite the lack of profitability, analysts remain optimistic. Out of 24 analyst ratings on Moneycontrol, 38% recommend a Buy, 29% rate it as Outperform, 17% suggest Hold. Meanwhile, only 4% call it Underperform and 13% advise Sell. This indicates a largely positive outlook with expectations of revenue growth and market expansion.
The strong rebound in Swiggy’s share price reflects growing investor confidence. The food-tech industry in India continues to expand rapidly, driven by rising urban demand, digital adoption, and Swiggy’s strong brand presence. Investors are betting on Swiggy’s ability to scale operations and improve margins in the coming quarters.
Swiggy’s share price at Rs. 432.65 shows resilience, supported by high trading volumes and analyst optimism. While challenges around profitability remain, the company’s strong market position and growth prospects make it a stock to watch. Investors should keep an eye on resistance levels and broader sector trends for potential opportunities.
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1. What is Swiggy share price today?
Swiggy’s share price closed at Rs. 432.65 on the latest trading day, marking a 2.65% gain. The stock opened at Rs. 427.00, touched a high of Rs. 443.40, and a low of Rs. 424.10 before settling near the mid-range with strong investor activity.
2. Why did Swiggy share price rise today?
The 2.65% gain in Swiggy’s share price was driven by strong trading volumes, bullish investor sentiment, and favorable analyst outlooks. The stock saw robust buying activity, with a VWAP of Rs. 435.85, showing that buyers dominated the session.
3. What is Swiggy’s market capitalization currently?
As of the latest session, Swiggy’s market capitalization stands at Rs. 1,08,348 crore. This reflects its strong presence in India’s food-tech sector and highlights the scale at which the company operates in a fast-growing digital consumption market.
4. Is Swiggy a good stock to buy right now?
Analysts remain largely optimistic about Swiggy. Out of 24 ratings, 38% recommend a Buy and 29% suggest Outperform. Despite challenges around profitability, investors believe in Swiggy’s long-term growth prospects given rising food delivery demand and digital adoption in India.
5. What are the key resistance and support levels for Swiggy stock?
According to Moneycontrol updates, Swiggy’s pivot point is at Rs. 416.70. Key resistance levels are Rs. 433.05 and Rs. 443.40, while support levels are at Rs. 410.70, Rs. 400.35, and Rs. 394.35. Sustaining above resistance may push the stock higher, while falling below support could invite bearish pressure.
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