Swiggy Ltd. (SWIGGY) Share Price Declines Amid Market Volatility

Swiggy Ltd. Share Price fell 3.38% to Rs 285.8, impacting its market cap of Rs 79,276.21 Cr.

Swiggy Ltd. Share Price experienced a notable decline today, falling by 3.38% to close at Rs 285.8. This decline has impacted the company's market capitalisation, which now stands at Rs 79,276.21 crore. The day's trading session saw Swiggy Ltd. open at Rs 292.25, reaching a high of Rs 294.5 and a low of Rs 280. The total volume traded was substantial, with 33,679,038 shares exchanging hands, indicating significant market activity.

As a large-cap company, Swiggy Ltd. The decline in share price has drawn attention from investors and analysts alike, as it surpasses the threshold set for large-cap stocks. While the data confirms the price event, no specific company-related catalyst has been identified from the available information.

Swiggy Ltd. (SWIGGY) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 285.8
Previous Close	Rs 295.8
Today's Change	Rs -10 (-3.38%)
Day Open	Rs 292.25
Day High	Rs 294.5
Day Low	Rs 280
Current Volume (BSE)	21,69,431
BSE Traded Volume	21,69,431
NSE Traded Volume	3,15,09,607
Combined NSE + BSE Volume	3,36,79,038
Turnover	Rs 62 crore
Market Capitalisation	Rs 79,276.21 crore
Market Cap Category	Large Cap

Swiggy Ltd. (SWIGGY) traded at Rs 285.8. versus the previous close of Rs 295.8, a fall of 3.38%. The stock opened at Rs 292.25, reached Rs 294.5, touched Rs 280. Reported volume was 21,69,431.

Swiggy Ltd. (SWIGGY) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 79,276.21 crore

Despite the lack of detailed fundamental metrics, Swiggy Ltd.'s position as a large-cap company within the retailing sector suggests a significant market presence. Investors may look to broader sector trends and peer comparisons to gauge the company's relative performance and valuation.

Sector and Industry Context

Metric	Value
Sector	Retailing
Benchmark Scope	same sector
Benchmark Median P/E	18.42x
Benchmark Average P/E	31.37x
Benchmark P/E Range	0.92x to 300.1x
Benchmark Median P/B	1.72x
Benchmark Median ROE	0.92%
Benchmark Median ROCE	6.38%
Company Market Capitalisation	Rs 79,276.21 crore
Benchmark Median Market Cap	Rs 87.21 crore

Swiggy Ltd. (SWIGGY) is classified under sector: Retailing.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Swiggy Ltd. is part of the retailing sector, which includes a diverse range of companies. The sector's benchmark data provides a context for evaluating Swiggy Ltd.'s performance. The median P/E ratio for the sector is 18.42, with an average of 31.37, indicating a wide range of valuations among companies. The P/B ratio median is 1.72, with an average of 1.88, reflecting varying levels of book value relative to market price.

The sector's ROE and ROCE medians are 0.92% and 6.38%, respectively, suggesting moderate profitability levels across the industry. Swiggy Ltd.'s market capitalisation places it among the larger entities within the sector, providing it with a competitive edge in terms of scale and market influence. The retailing sector's performance and trends will be critical for Swiggy Ltd.'s future prospects.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
SHANKARA BUILDPRO LIMITED	BUILDPRO	2,981.45	23.04	5.39	0	0
Baazar Style Retail Ltd.	STYLEBAAZA	2,051.36	43.02	4.04	-18.54	7.68
Go Fashion (India) Ltd.	GOCOLORS	1,697.01	33.66	2.6	-1.5	6.38
PNGS REVA DIAMOND JEWEL L	PNGSREVA	1,373.17	21.24	2.53	6.57	5.33
Sai Silks (Kalamandir) Ltd.	KALAMANDIR	1,361.12	9.95	1.06	20.13	19.44

Swiggy Ltd. (SWIGGY) has a market capitalisation of Rs 79,276.21 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In the retailing sector, Swiggy Ltd. faces competition from several peers. Notable companies include SHANKARA BUILDPRO LIMITED, Baazar Style Retail Ltd., and Go Fashion (India) Ltd. These peers vary in market capitalisation, P/E ratios, and profitability metrics, providing a diverse competitive landscape.

Swiggy Ltd.'s market cap of Rs 79,276. Comparatively, peers like SHANKARA BUILDPRO LIMITED and Baazar Style Retail Ltd. have distinct valuation and performance metrics, which investors can use to assess Swiggy Ltd.'s relative standing in the market.

Why Investors Are Watching Swiggy Ltd.

Investors are closely monitoring Swiggy Ltd. due to its recent price action and market position.

• Significant price fall of 3.38% today, impacting market cap.
• Active trading volume indicating market interest.
• Position within the retailing sector with a large market cap.
• Peer comparison highlights competitive landscape.

As Swiggy Ltd. navigates market volatility, investors should watch for any sector trends or company-specific developments that could influence future performance.

About Swiggy Ltd.

Swiggy Ltd. is a prominent player in the retailing sector, known for its extensive market reach and influence. The company operates across various segments, providing a wide range of products and services to its customer base. As a large-cap entity, Swiggy Ltd. holds a significant position within the industry, contributing to its competitive advantage.

The company's business model focuses on leveraging its scale and market presence to drive growth and profitability. Swiggy Ltd.'s operations are aligned with industry trends, positioning it to capitalize on emerging opportunities within the retailing sector. Investors and analysts continue to monitor Swiggy Ltd.'s performance and strategic initiatives closely.

Track Swiggy Ltd. Share Price on Univest

Use Swiggy Ltd. (SWIGGY) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track Swiggy Ltd. Share Price and related market insights on Univest. The platform offers live updates on share prices, technical indicators, fundamental ratios, and shareholding patterns. Users can also access 52-week levels and other market insights to stay informed about Swiggy Ltd.'s performance and market trends.

Frequently Asked Questions

What was Swiggy Ltd.'s share price today?

Ans. Swiggy Ltd.'s share price today closed at Rs 285.8, reflecting a decline of 3.38% from the previous close of Rs 295.8. The stock moved -3.38% during the session. The intraday range extended from Rs 280 to Rs 294.5.

How much did Swiggy Ltd.'s share price fall today?

Ans. Swiggy Ltd.'s share price fell by Rs 10, marking a 3.38% decline in today's trading session. The stock moved -3.38% during the session. The intraday range extended from Rs 280 to Rs 294.5.

How does Swiggy Ltd. compare with its peers?

Ans. Swiggy Ltd. competes with peers like SHANKARA BUILDPRO LIMITED and Baazar Style Retail Ltd., each with distinct market caps and valuation metrics. Comparable listed companies include SHANKARA BUILDPRO LIMITED, Baazar Style Retail Ltd., Go Fashion (India) Ltd.

What is the sector benchmark P/E ratio?

Ans. The sector benchmark P/E ratio median is 18.42, with an average of 31.37, reflecting a wide range of valuations. The relevant peer median P/E is 18.42x. The peer average P/E is 31.37x.

What is the sector's ROE median?

Ans. The sector's ROE median is 0.92%, indicating moderate profitability levels across the retailing industry. The relevant peer median ROE is 0.92%. The relevant peer median ROCE is 6.38%. The stock belongs to the Retailing sector.