Competitive pressure in quick commerce to intensify in 2026
Premier Energies stock has shed 10% in the last 5 trading sessions post entry in the F&O segment; Waaree Energies and Swiggy are also down 11% and 9%, respectively.
The stock price of Swiggy was quoting lower for the third straight trading day, falling nearly 8 per cent. The stock has now dropped below the QIP issue price of ₹375 per share.
Swiggy on Monday announced the launch of EatRight, a new category targeting health-conscious users across more than 50 cities by offering them health-focused food options like high protein, low calorie and no added sugar under a single umbrella. The food delivery platform also shared insights based on its orders, revealing that Tier-2 cities in India witnessed 2x growth year-on-year in healthy food ordering as compared to metropolitan cities, with Chandigarh, Guwahati, Ludhiana, and Bhubaneswar leading the way. EatRight will offer over 1.8 million dishes available from over 2 lakh restaurants. Deepak Maloo, Vice President, Food Strategy, Customer Experience & New Initiatives, Swiggy, said, "With EatRight, we are offering food options that blend seamlessly into a user's regular ordering habits, removes decision fatigue through clear categorisation and integrates healthier choices naturally into everyday food ordering". In a statement, Swiggy said its partner brands are also ...