Shares of Swiggy, the food and grocery delivery platform, experienced a significant drop in value on Monday, reaching a new all-time low on the stock market. The stock fell by 5% on the BSE during intra-day trading, hitting Rs 285.85, surpassing its previous low of Rs 297 set on May 13, 2025. This decline occurred amidst high trading volumes.
Following this decrease, Swiggy’s share price has fallen by approximately 26% since the beginning of the year 2026. In contrast, the BSE Sensex, the benchmark index, has seen a decline of about 6% over the same period. Swiggy’s stock has plummeted by more than half from its peak of Rs 617, reached on December 23, 2024.
Currently, Swiggy’s shares are trading nearly 27% below their issue price of Rs 390 per share. The company made its debut on the stock market on November 13, 2024. As of 1:17 pm, the stock was trading around 4.19% lower at Rs 289.45, while the Sensex was down by 1.7% on the BSE.
Over recent weeks, Swiggy’s stock has faced consistent downward pressure. In the past week alone, it has dropped by Rs 31, a decrease of nearly 9.7%. In the last two weeks, the decline amounts to Rs 52.14, approximately 15.2%. Moreover, in the last month, the share price has fallen by Rs 17.65, close to 5.7%.
Year-to-date, Swiggy shares have fallen by over Rs 100, marking a decline of around 25.7%. Looking at the last three months, the stock has lost Rs 109.15, about 27.4%. Over a six-month period, the decline has deepened to Rs 135.65, nearly 32%. On an annual basis, the share price is down by Rs 44.75, approximately 13.4%, according to official data.
