Swiggy shares hit 15% lower circuit post-Q2 results; brokerages cut target prices over profitability concerns
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Swiggy shares fell over 9 percent following Q2FY27 results.
- ✓The company’s consolidated net loss narrowed to Rs 922 crore during the quarter.
- ✓Many brokerages cut their target prices for the stock, citing growing concerns over quick commerce profitability.
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- BUSINESS
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- Moneycontrol.com
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- 1 Minute(s)
- Market Focus
- India Economy
Swiggy shares hit 10% lower circuit post-Q2 results; brokerages cut target prices over profitability concerns
Swiggy shares fell over 9 percent following Q2FY27 results.
Consolidated net loss narrowed to Rs 922 crore in Q2.
Brokerages cut target prices due to quick commerce concerns.
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Sarmeeli Mallick
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