June 26, 2025: Swiggy Share Price ended the trading session at ₹399.50, marking a decline of ₹0.45 or 0.11% from the previous close.
The minor dip comes amid a broader market trend where the Nifty 50 Index held steady above key support levels, with experts noting that ₹25,000 and ₹25,100 would act as crucial support zones, and a bullish sentiment could continue if the index maintains levels above these points .
Company Performance and Market Outlook
Despite the slight decline, Swiggy’s stock has shown resilience. Earlier this month, Morgan Stanley initiated coverage on the company with an ‘Overweight’ rating and a ₹405 target price, citing improved execution and growth potential in quick commerce .
Additionally, Swiggy’s CEO, Sriharsha Majety, projected that the quick commerce sector could become a $40 billion market by 2030, indicating strong growth prospects for Swiggy’s Instamart platform .
Conclusion
While today’s minor dip reflects typical market fluctuations, analysts remain optimistic about Swiggy’s long-term growth trajectory, driven by its expanding quick commerce operations and strategic market positioning.