Swiggy Faces Continued Decline Amid Broader Market Resilience and Underperformance
Swiggy has faced a significant decline, closing near its 52-week low after consecutive losses over three days. The stock is underperforming compared to its sector and is trading below key moving averages. In contrast, the broader market has shown resilience, with the Sensex gaining modestly year-to-date.
Swiggy, a prominent player in the IT software sector, has experienced a notable decline of 3.34% on May 8, 2025, closing significantly closer to its 52-week low. Currently, the stock is just 4.94% above its 52-week low of Rs 303.05. Over the past three days, Swiggy has faced consecutive losses, totaling a decline of 7.29%. The stock reached an intraday low of Rs 318.8 during today's trading session.In terms of performance metrics, Swiggy has underperformed compared to its sector, lagging by 3.49%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In the broader market context, the Sensex opened positively but has since fallen by 0.17%, currently trading at 80,606.73. Despite this dip, the Sensex has shown resilience over the past three weeks, gaining 7.25%. However, Swiggy's year-to-date performance remains concerning, with a decline of 40.80%, contrasting sharply with the Sensex's modest gain of 3.16% during the same period.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
