Swiggy544285Quick commerce, e
Swiggy stock hit record lows after weak quarterly numbers that missed estimates, with quick commerce losses widening
By ScoutQuest · · 1 min read
- Stock fall today
- 14 percent
- Key support level
- 174 rupees
- Downside target 1
- 150 rupees
- Downside target 2
- 125 rupees
Heard on business television between 12:35:41 - 12:38:41 IST.
- Swiggy fell 14% after numbers missed estimates.
- Quick commerce business losses continued to widen.
- Comparison with Eternal's results was unfavorable for Swiggy.
- Analyst Sachin Sarwade said today's low of 174 is a key level; a close below it could see 150 and 125 on the downside.
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Source: Live TV News Channel · 23 Oct 2026
The call above is Sachin Sarwade's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.