Swiggy’s share price jumped 5–8% today due to peer optimism in the quick-commerce sector. Discover what’s behind today’s movement, valuation, analyst calls, and future outlook in this detailed update.
📈 Swiggy Share Price Overview – July 22, 2025
Swiggy (NSE: SWIGGY) saw an impressive rise in share price today, closing around ₹412–426, marking a 5–8% intraday gain Planify+14NDTV Profit+14Moneycontrol+14Planify+2HDFC Sky+2Google+2. This surge stems from strong Q1 earnings by Zomato’s parent company (Eternal Ltd), which buoyed investor sentiment across the entire food delivery and quick-commerce space Value Research Online+7Goodreturns+7NDTV Profit+7.
Despite a previous low near ₹297 in May, Swiggy has rebounded strongly, finishing the day well above its 52-week low of ₹297 and moving back toward its 52-week high of ₹617 Google+2HDFC Sky+2Chittorgarh+2.
💡 What Sparked the Rally?
- Sector-wide Boost:
Eternal Ltd’s stellar Q1 performance — especially from its quick-commerce brand Blinkit, which soared ~15% intraday — acted as a catalyst. Swiggy gained around 5% as investors felt confident in its own quick-commerce prospects Value Research Online+5Goodreturns+5The Financial Express+5Groww+15Moneycontrol+15The Economic Times+15. - Broker Upgrade:
Nirmal Bang initiated coverage on Swiggy with a “Buy” rating and a ₹500 target price, indicating an upside potential of ~20% Business Standard+1Bajaj Broking+1. - Technical Momentum:
Chart analysts noted increased trading volume and positive momentum indicators, signaling sustained bullish sentiment MoneycontrolHDFC Sky.
📊 Key Metrics Snapshot
| Metric | Value |
|---|---|
| Current Price | ₹412–426 (intraday high) Moneycontrol+15HDFC Sky+15Business Standard+15 |
| 52-Week Range | ₹297 – ₹617 MoneycontrolGoogle |
| Market Cap | ₹98,600–102,700 crore MoneycontrolGroww |
| P/E Ratio (TTM) | –31.6x (loss-making historically) Groww |
| EPS (TTM) | ₹–12.50 Groww |
| P/B Ratio | 9.6x Groww |
| Dividend Yield | 0% |
Swiggy remains unprofitable (negative EPS, high P/B). It’s priced more on growth expectations, particularly in quick-commerce and food delivery expansion.
🔍 Analyst Views & Future Outlook
- Nirmal Bang sees ~26% upside (target ₹500), rating it a “Buy” Republic World+8HDFC Sky+8The Economic Times+8Business Standard.
- Elara Securities gave a fresh “Accumulate” rating with a ₹450 target, citing strength in food and quick-commerce execution NDTV Profit.
These indicate strong investor confidence as Swiggy’s upcoming Q1FY26 earnings approach later this month.
🙂 What This Means for You
- Short-term:
The current rally looks momentum-driven, tied to sector-wide positivity. As long as competitors maintain strong growth, Swiggy may continue to climb. - Mid/Long-term:
Swiggy’s path to profitability remains a key risk. Watch closely for Q1FY26 earnings and margins in its Instamart quick-commerce business.
FAQs
Q1: What triggered Swiggy’s price jump today?
It was driven by a 15% rally in Blinkit (Zomato/Eternal) and upgrades from brokers like Nirmal Bang, raising targets to ₹450–₹500 Republic World+5Business Standard+5The Economic Times+5.
Q2: Is Swiggy profitable?
No, Swiggy is still unprofitable. It posted a TTM EPS of –₹12.50 with a high P/B ratio of 9.6x Groww.
Q3: What are the risks?
Main risks include continued losses, aggressive competition, and reliance on investor-driven growth. A weak earnings report could reverse recent gains.
Q4: Should I buy now?
If you’re betting on sector momentum and upcoming earnings, analysts’ targets suggest room for growth. But cautious, growth-focused investors should monitor profitability trends.
⚠️ Disclaimer
This blog is for educational purposes only and not financial advice. Please consult a qualified financial advisor before making investment decisions.
