Swiggy Ltd. (SWIGGY) Share Price Surges 4.65% Today

Swiggy Ltd. Share Price rises 4.65% today, reaching Rs 263.1 with a market cap of Rs 69,394.28 crore.

Swiggy Ltd. Share Price has experienced a notable surge today, climbing 4.65% to reach Rs 263.1. This movement places Swiggy Ltd. firmly in the spotlight, with its market capitalisation now standing at Rs 69,394.28 crore. The stock's significant price rise today is noteworthy, especially as it surpasses the qualifying threshold of 3% set for its Large Cap category. This increase in share price has captured the attention of investors and analysts alike, as they seek to understand the dynamics behind this movement.

The price action today reflects a strong upward momentum, with Swiggy Ltd. opening at Rs 255.25 and reaching a high of Rs 264.45. The day's low was recorded at Rs 253, indicating a robust trading range. The total volume of shares traded today was 1,46,38,092, with a turnover of Rs 70.22 crore, highlighting significant market participation. This surge in activity suggests heightened investor interest and engagement with Swiggy Ltd.'s stock.

Swiggy Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 263.1
Previous Close	Rs 251.4
Today's Change	+Rs 11.7 (+4.65%)
Day Open	Rs 255.25
Day High	Rs 264.45
Day Low	Rs 253
Current Volume (BSE)	26,68,986
BSE Traded Volume	26,68,986
NSE Traded Volume	1,19,69,106
Combined NSE + BSE Volume	1,46,38,092
Turnover	Rs 70.22 crore
Market Capitalisation	Rs 69,394.28 crore
Market Cap Category	Large Cap
Qualifying Threshold Cleared	3%

Today's price action for Swiggy Ltd. has been marked by a substantial increase, with the share price rising by 4.65% to Rs 263.1. The previous close was at Rs 251.4, and the stock opened today at Rs 255.25. Throughout the trading session, Swiggy Ltd. reached a high of Rs 264.45 and a low of Rs 253. The total turnover for the day was Rs 70.22 crore, with a total volume of 1,46,38,092 shares traded across BSE and NSE.

Swiggy Ltd. falls under the Large Cap category, and today's price rise of 4.65% has exceeded the qualifying threshold of 3% for this category. This indicates a significant movement in the stock's price, drawing attention from market participants. The increased trading volume and turnover further emphasize the heightened interest in Swiggy Ltd.'s shares today.

The stock's performance today can be attributed to various factors, including market sentiment, investor interest, and potential developments within the company or sector. However, the specific catalyst for today's price rise has not been explicitly identified in the available data. Investors and analysts will be closely monitoring Swiggy Ltd. for any further developments that may impact its share price.

Swiggy Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 69,394.28 crore
P/E Ratio	23.49x
P/B Ratio	5.5x
ROE	0%
ROCE	0%

Swiggy Ltd. was valued at a P/E ratio of 23.49x, a P/B ratio of 5.5x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 0% and ROCE of 0%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Swiggy Ltd. is currently valued at a market capitalisation of Rs 69,394.28 crore. The company's price-to-earnings (P/E) ratio stands at 23.49, which is in line with the sector's average P/E of 23.06. This suggests that Swiggy Ltd. is valued similarly to its peers within the Retailing sector. The price-to-book (P/B) ratio of 5.5 is significantly higher than the sector's average P/B of 1.72, indicating a relatively high valuation in terms of book value.

While the return on equity (ROE) and return on capital employed (ROCE) for Swiggy Ltd. are both reported as 0, this may reflect the company's current stage of growth or investment strategy.

Swiggy Ltd.'s financial metrics, such as earnings per share (EPS), book value per share, and dividend yield, have not been provided in the available data. However, the company's valuation multiples and market capitalisation offer insights into its current market standing. Investors may look to these metrics to assess Swiggy Ltd.'s potential for growth and profitability within the Retailing sector.

Sector and Industry Context

Metric	Value
Sector	Retailing
Benchmark Scope	same sector
Companies in Benchmark	64
Company P/E Ratio	23.49x
Benchmark Median P/E	12.43x
Benchmark Average P/E	23.06x
Benchmark P/E Range	0x to 291.84x
Companies with P/E Data	64
Company P/B Ratio	5.5x
Benchmark Median P/B	1.36x
Company ROE	0%
Benchmark Median ROE	0.8%
Company ROCE	0%
Benchmark Median ROCE	6.17%
Company Market Capitalisation	Rs 69,394.28 crore
Benchmark Median Market Cap	Rs 85.98 crore

Swiggy Ltd. (SWIGGY) is classified under sector: Retailing. The numerical benchmark uses 64 same sector companies from the supplied master-data set.

Swiggy Ltd. (SWIGGY) has a P/E ratio of 23.49x, which is above the benchmark median of 12.43x, a difference of +88.98%. The benchmark contains 64 companies with P/E data, ranging from 0x to 291.84x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Swiggy Ltd. (SWIGGY) has a ROE of 0%, which is below the benchmark median of 0.8%, a difference of -100%. Swiggy Ltd. (SWIGGY) has a ROCE of 0%, which is below the benchmark median of 6.17%, a difference of -100%.

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

Swiggy Ltd. operates within the Retailing sector, which comprises 64 companies. The sector's benchmark P/E ratio ranges from 0 to 291.84, with a median of 12.43. Swiggy Ltd.'s P/E ratio of 23.49 is above the sector median, indicating a higher valuation relative to many of its peers. The sector's P/B ratio ranges from -5.6 to 6.6, with a median of 1.36, and Swiggy Ltd.'s P/B ratio of 5.5 is at the higher end of this range.

The sector's average ROE is 9.09%, with a median of 0.8%, while the average ROCE is 9.62%, with a median of 6.17%. Swiggy Ltd.'s ROE and ROCE are both reported as 0, which may reflect the company's current operational strategy or investment phase. The Retailing sector's market capitalisation ranges from Rs 1.68 crore to Rs 3,000.13 crore, with Swiggy Ltd.'s market cap of Rs 69,394.28 crore placing it among the larger players in the sector.

Overall, Swiggy Ltd.'s valuation and market position within the Retailing sector highlight its prominence and potential for growth. Investors may consider these factors when evaluating the company's prospects and positioning within the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
SHANKARA BUILDPRO LIMITED	BUILDPRO	3,000.13	23.49	5.5	0	0
Baazar Style Retail Ltd.	STYLEBAAZA-BE	2,162.87	46.15	4.33	-18.54	7.68
Go Fashion (India) Ltd.	GOCOLORS	1,704.64	28.81	2.47	-1.5	6.38
Sai Silks (Kalamandir) Ltd.	KALAMANDIR	1,357.29	9.94	1.05	20.13	19.44
PNGS REVA DIAMOND JEWEL L	PNGSREVA	1,284.58	19.87	2.49	6.57	5.33

Swiggy Ltd. (SWIGGY) has a P/E ratio of 23.49x compared with the displayed peer median of 23.49x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 0% across the companies shown in the table. ROCE stood at 0% versus the displayed peer median of 6.38%, providing a capital-efficiency comparison. Swiggy Ltd. (SWIGGY) has a market capitalisation of Rs 69,394.28 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Swiggy Ltd. is compared with several peers within the Retailing sector, including SHANKARA BUILDPRO LIMITED, Baazar Style Retail Ltd., Go Fashion (India) Ltd., Sai Silks (Kalamandir) Ltd., and PNGS REVA DIAMOND JEWEL L. Among these peers, Swiggy Ltd. has a market capitalisation of Rs 69,394.28 crore, which is significantly higher than most of its peers, except for SHANKARA BUILDPRO LIMITED.

In terms of valuation, Swiggy Ltd.'s P/E ratio of 23.49 is comparable to SHANKARA BUILDPRO LIMITED but lower than Baazar Style Retail Ltd. and Go Fashion (India) Ltd. The company's P/B ratio of 5.5 is higher than most peers, indicating a premium valuation in terms of book value. Swiggy Ltd.'s ROE and ROCE are both reported as 0, which contrasts with the positive returns reported by some peers, such as Sai Silks (Kalamandir) Ltd. and PNGS REVA DIAMOND JEWEL L.

Why Investors Are Watching Swiggy Ltd.

Investors are closely monitoring Swiggy Ltd. due to its recent price rise and market positioning. The company's valuation, sector context, and peer comparison provide insights into its potential for growth and profitability.

• Price Action: Swiggy Ltd. Share Price rose 4.65% today, reaching Rs 263.1.
• Technical Position: The stock's trading volume and turnover indicate heightened investor interest.
• Fundamental Context: Swiggy Ltd.'s P/E and P/B ratios suggest a premium valuation.
• Sector Positioning: The company is a prominent player within the Retailing sector.

Investors will continue to watch Swiggy Ltd. for any developments that may impact its share price and market performance. Monitoring the company's financial metrics, sector trends, and peer performance will be crucial for informed investment decisions.

About Swiggy Ltd.

Swiggy Ltd. is a leading company in the Retailing sector, known for its innovative approach to food delivery and logistics. The company operates a robust platform that connects consumers with a wide range of restaurants and food outlets, offering convenience and variety. Swiggy Ltd. has established itself as a key player in the industry, leveraging technology to enhance customer experience and streamline operations.

The company's business model focuses on providing efficient delivery services, supported by a network of delivery partners and advanced logistics solutions. Swiggy Ltd. continues to expand its offerings, catering to diverse consumer preferences and adapting to changing market dynamics. As a prominent player in the Retailing sector, Swiggy Ltd. is well-positioned to capitalize on growth opportunities and maintain its competitive edge.

Track Swiggy Ltd. Share Price on Univest

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

Investors and market enthusiasts can track Swiggy Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive information on share price movements, technical indicators, fundamental ratios, and shareholding patterns. Users can also access 52-week levels and market insights to stay informed about Swiggy Ltd.'s performance and market trends.

Frequently Asked Questions

What was Swiggy Ltd.'s share price increase today?

Ans. Swiggy Ltd.'s share price increased by 4.65% today, reaching Rs 263.1. This significant rise highlights investor interest and market activity. The stock moved 4.65% during the session. The intraday range extended from Rs 253 to Rs 264.45.

What is Swiggy Ltd.'s market capitalisation?

Ans. Swiggy Ltd.'s market capitalisation is Rs 69,394.28 crore, positioning it as a prominent player in the Retailing sector. The company operates in the Retailing sector. Its P/E ratio is 23.49x.

How does Swiggy Ltd.'s P/E ratio compare to the sector average?

Ans. Swiggy Ltd.'s P/E ratio of 23.49 is in line with the sector average of 23.06, indicating a similar valuation to its peers. The company trades at a P/E ratio of 23.49x.

What is Swiggy Ltd.'s P/B ratio?

Ans. Swiggy Ltd.'s P/B ratio is 5.5, which is higher than the sector average of 1.72, suggesting a premium valuation. The company trades at a P/E ratio of 23.49x. Its P/B ratio is 5.5x.

What is Swiggy Ltd.'s sector?

Ans. Swiggy Ltd. operates in the Retailing sector, which includes 64 companies and covers various retailing activities. The stock belongs to the Retailing sector. 64 comparable companies were included in the benchmark.

Who are Swiggy Ltd.'s peers?

Ans. Swiggy Ltd.'s peers include SHANKARA BUILDPRO LIMITED, Baazar Style Retail Ltd., Go Fashion (India) Ltd., Sai Silks (Kalamandir) Ltd., and PNGS REVA DIAMOND JEWEL L. Comparable listed companies include SHANKARA BUILDPRO LIMITED, Baazar Style Retail Ltd., Go Fashion (India) Ltd.

How does Swiggy Ltd.'s market cap compare to its peers?

Ans. Swiggy Ltd.'s market cap of Rs 69,394.28 crore is significantly higher than most of its peers, indicating its prominence in the sector. The company operates in the Retailing sector. Its P/E ratio is 23.49x.

What is Swiggy Ltd.'s ROE and ROCE?

Ans. Swiggy Ltd.'s ROE and ROCE are both reported as 0, which may reflect its current growth or investment strategy. ROE stands at 0%. ROCE stands at 0%. The relevant peer median ROE is 0.8%.