Swiggy's standalone food delivery app Toing has suspended services across multiple cities, with the company attributing the disruption to a technical issue, according to sources
The company said orders through the service increased threefold during April-June 2026 compared with the year-ago period
Stocks to watch today: TCS, SBI, Tata Steel, GMR Airports, M&M, HFCL, RIL, Fortis Healthcare, JSW Infra, Swiggy, Pidilite, Shree Cement, among others, will be in focus today
Swiggy has expanded its Food on Train service to 180 cities, with orders tripling year-on-year in April-June 2026 as demand for onboard meal delivery gathered pace
Domestic ownership has crossed 50 per cent, paving the way for Swiggy to seek Indian-owned and controlled company status that could enable Instamart to adopt an inventory-led model
The company has informed the exchanges that total foreign investment in Swiggy stood at approximately 49.76 per cent of the total paid-up equity share capital as of July 6, 2026
The development comes a week after Hari Kumar, who was the then CBO, resigned from the company
Analysts at JM Financial believe that 1QFY27 will reinforce the widening divergence between Blinkit and Instamart, with the former likely to outperform; they lowered target price on Swiggy to ₹250.
Aggressive expansion by Amazon and Flipkart, coupled with Zepto's IPO plans, is intensifying competition in India's fast-growing quick-commerce market and putting pressure on established players
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Majety is pledging restraint even as India hosts one of the world's most closely watched consumer-tech battles
The brokerage has, however, reaffirmed its 'Buy' rating on Eternal with a target price of ₹400 per share, and on Swiggy with a target price of ₹360 per share
Swiggy's move to qualify as an Indian Owned and Controlled Company shows how new-age internet firms are revamping boards and ownership as quick commerce and ecommerce rules tighten under Fema rules
While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
In the March quarter (Q4FY26), Swiggy reported that its net loss narrowed to ₹800 crore, lower than the net loss of ₹1,081 crore Y-o-Y
Stocks to watch today: Swiggy, NTPC, BoB, PVR Inox, SCI, Abbott India, Anant Raj, Canara Bank, IHCL, JSW Energy, UPL, Tata Consumer Products, among others, will remain in focus today.
The company reported a loss of ₹1,065 crore in the previous quarter
Brokerages tracked by Business Standard estimate Swiggy's net loss at an average of ₹857.56 crore year-on-year (Y-o-Y) from a loss of ₹971.66 crore
The share price of Swiggy is quoting lower for a fifth straight trading day, falling 7.5 per cent during the period
Court extends interim relief to Swiggy in antitrust probe, flags concerns over reliance on untested third-party statements in CCI investigation