Blinkit, Instamart chart different paths to profitable growth

Swiggy Shares Plunge After Losses Mount on Intense Competition

Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with Instamart

Swiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery growth. Following Q2 results, brokerages cut their price targets, citing deteriorating quick-commerce profitability. Instamart’s adjusted EBITDA loss widened to ₹895 crore from ₹778 crore, while its contribution margin deteriorated to -1.4% despite 13.4% sequential growth in net order value.

Swiggy shares hit 52-week low, down 35% in 1 month- should investors buy the stock after Q2 results? Expert view

Swiggy share price opened at ₹204.90 against its previous close of ₹211.30 and crashed 17.2% to a 52-week low of ₹174.90.

Buzzing Stocks: Swiggy shares plunge 14% on Q2 losses; Cyient gains 9% as revenue jumps 25%

Colgate-Palmolive India share price declined 4 percent despite the company reported a 4.3 percent year-on-year increase in Q2 profit to Rs 341.6 crore, while revenue grew 12.3 percent to Rs 1,705.8 crore.

Swiggy shares crash 12% to record low: Why is the stock falling so sharply?

Swiggy shares plunged nearly 12% on Friday to touch a record low. Widening Instamart losses and intense competition sharpened investor concerns over profitability.

Blinkit, Instamart chart different paths to profitable growth

Eternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkits growth to achieve profitability, while Swiggy emphasizes the quality of its expansion. Through private-label investments and habit-forming efforts, Swiggy's Instamart aims to enhance customer engagement. Both companies project a robust 20% annual growth in food delivery as Blinkit and Instamart work to expand th…