The report states Swiggy Instamart's shift to inventory ownership could improve contribution margins by about 80 basis points but may not eliminate losses due to working-capital needs.
Read this note →Swiggy Limited
NSE SWIGGY BSE 544285 INE00H001014
0 filings · 0 analysed
188.00
+5.09%
over 5 days
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| HDFC Securities | 23 Oct 2026, 06:46 | long | 176.00 | 435.00 | 191.17 | 6% | open by 2027-10-23 |
| HDFC Securities | 10 Oct 2026, 07:45 | long | 234.20 | 460.00 | 191.17 | -19% | open by 2027-10-10 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
What the desks said
The note reports a 15.6% YoY decline in net loss to ₹922 crore in Q2FY27, with revenue from operations up 36% YoY to ₹7,571 crore.
Read this note →The report lists SWIGGY under 'Short Build Up' in derivatives market monitor.
Read this note →The report maintains a BUY rating with a revised SOTP-based target price of INR 435/share (down from INR 460), citing largely in-line Food Delivery performance offset by widening consolidated adjusted EBITDA losses due to higher Quick Commerce and Toing-led losses.
Read this note →The report states Swiggy's Q2 FY27 consolidated net loss narrowed to ₹922 crore from ₹1,092 crore, revenue rose 36.1% to ₹7,571 crore, food delivery adjusted EBITDA reached ₹341 crore, and Instamart's NOV grew 31.4% YoY to ₹6,594 crore while its EBITDA loss remained ₹895 crore.
Read this note →The report cuts the target to Rs 460 from Rs 470 while maintaining BUY, expecting rising quick-commerce losses as it attempts to recoup market share.
Read this note →The derivative outlook section states weakness is seen in Swiggy.
Read this note →Announcement timeline
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