Swiggy Ltd Hits Intraday High with Strong 5.29% Surge on 10 Feb 2026

Intraday Trading Highlights

On the trading day, Swiggy Ltd’s stock price climbed steadily, reaching a peak of Rs 351.65, representing a 5.35% gain. The day’s change stood at 5.29%, significantly outperforming the Sensex’s 0.41% rise and exceeding the sector’s average by 4.35%. This surge contributed to the stock’s second consecutive day of gains, accumulating a 9.71% return over this period.

Trading volumes reflected heightened activity, with the stock maintaining levels above its 5-day and 20-day moving averages, signalling short-term strength. However, the price remained below the longer-term 50-day, 100-day, and 200-day moving averages, indicating that while momentum is positive in the near term, the stock has yet to break through longer-term resistance levels.

Market Context and Sector Comparison

The broader market environment supported Swiggy Ltd’s performance. The Sensex opened 144.25 points higher and extended gains to close 228.74 points up at 84,438.74, a 0.44% increase. The index is trading near its 52-week high, just 2.04% shy of 86,159.02, buoyed by mega-cap stocks leading the charge. The Sensex’s 50-day moving average remains above its 200-day moving average, reinforcing a bullish market trend that has persisted for three consecutive weeks with a 3.56% gain.

Within this positive market backdrop, Swiggy Ltd’s outperformance is particularly notable given its sector’s mixed results. While the E-Retail/ E-Commerce sector has seen moderate gains, Swiggy’s 5.27% single-day increase and 10.66% weekly gain substantially outpace the Sensex and sector averages, underscoring the stock’s relative strength in the current trading environment.

Performance Metrics and Ratings Update

Swiggy Ltd currently holds a Mojo Score of 29.0, categorised as a Strong Sell grade as of 04 Dec 2025, an upgrade from its previous Sell rating. The company’s market cap grade is rated 2, reflecting its mid-cap status within the E-Retail/ E-Commerce sector. Despite the strong intraday gains, the stock’s longer-term performance remains subdued relative to the Sensex benchmarks.

Year-to-date, Swiggy Ltd has declined by 9.01%, compared to the Sensex’s 0.95% fall. Over the past year, the stock is down 2.97%, while the Sensex has gained 9.19%. The three-year and five-year returns for Swiggy Ltd stand at 0.00%, contrasting with Sensex’s robust 39.11% and 64.52% gains respectively. The ten-year performance also shows no change for Swiggy Ltd, whereas the Sensex has surged 255.30% over the same period.

Technical Analysis and Moving Averages

From a technical perspective, Swiggy Ltd’s price action today surpassed its short-term moving averages, trading above both the 5-day and 20-day averages. This suggests a positive momentum shift in the near term. However, the stock remains below its 50-day, 100-day, and 200-day moving averages, indicating that it has yet to establish a sustained uptrend over the medium and long term.

Such positioning often implies that while traders are showing renewed interest, the stock may face resistance at higher levels until it breaks through these longer-term averages. The intraday high of Rs 351.65 could serve as a key level to watch in upcoming sessions.

Summary of Recent Trading Trends

Swiggy Ltd’s recent trading activity highlights a short-term rebound after a period of relative underperformance. The stock’s two-day consecutive gains have delivered a near 10% return, contrasting with the Sensex’s modest 0.81% weekly rise. However, monthly and quarterly returns remain negative, with declines of 0.09% and 9.07% respectively, underscoring the challenges in sustaining momentum beyond immediate trading sessions.

The stock’s performance relative to the Sensex over longer horizons further emphasises this pattern. While the benchmark index has delivered consistent gains over one, three, five, and ten-year periods, Swiggy Ltd’s returns have remained flat or negative, reflecting a need for more sustained positive catalysts to drive longer-term appreciation.

Market Sentiment and Trading Dynamics

Today’s strong intraday performance can be attributed to a combination of broader market optimism and sector-specific factors. The Sensex’s continued rise, supported by mega-cap leadership and bullish moving averages, has created a favourable environment for mid-cap stocks like Swiggy Ltd to register gains. The stock’s outperformance relative to the sector and index suggests active trading interest and a positive shift in sentiment during the session.

Despite the positive price action, the stock’s current Mojo Grade of Strong Sell indicates caution from a fundamental and quality perspective. This rating reflects underlying concerns that have not yet been fully alleviated by recent price movements. Investors and market participants may therefore view today’s gains as part of a short-term trading pattern rather than a definitive turnaround.

Conclusion

Swiggy Ltd’s intraday high of Rs 351.65 and 5.3% surge on 10 Feb 2026 mark a significant moment of strength within a broader market rally. The stock’s ability to outperform both its sector and the Sensex highlights renewed trading momentum, supported by positive market conditions and technical signals. However, the stock remains below key longer-term moving averages and retains a Strong Sell Mojo Grade, indicating that the recent gains are part of a complex performance landscape.

Market participants will likely monitor Swiggy Ltd’s price action closely in the coming sessions to assess whether this momentum can be sustained and translated into a more durable uptrend.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →