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. Investors reacted sharply as the firm struggled to meet market expectations this time.
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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