Swiggy shares plunge to new low after Q2 results

By United One News · AI-generated summary of 3 outlets' reporting

Published 23 Oct 2026, 04:03 UTC · Updated 24 Oct 2026, 18:49 UTC

AI-generated summary of the coverage listed below:

• Swiggy shares plummeted 17 percent to a new 52-week low following the release of its Q2 FY27 results.
• The steep decline wiped out 10,000 crore rupees in market capitalization.
• Market experts subsequently slashed target prices amid ongoing concerns regarding Instamart.

Covered by 3 outlets across the spectrum: 0% left, 100% center, 0% right.

How each side framed it

Swiggy shares: Rs 10,000 cr mcap gone as stock tanks 17% to new low; target prices

Timeline

First to report: Economic Times (23 Oct 2026, 04:03 UTC); 3 articles from 3 outlets so far.

Who is covering this story

• Center (3): Economic Times, Business Today, Inc42

Sources

• Swiggy crashes 14% & mkt experts slash target prices — Economic Times (center) · 23 Oct 2026, 04:03 UTC
• Swiggy shares: Rs 10,000 cr mcap gone as stock tanks 17% to new low; target prices — Business Today (center) · 23 Oct 2026, 06:43 UTC
• New-Age Tech Stocks Tumble This Week, Swiggy Leads Sell-Off With 24.5% Fall — Inc42 (center) · 24 Oct 2026, 18:49 UTC

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