Swiggy back to square one as stock sinks 56% from peak, returns to IPO price. What's ahead?

Swiggy's stock has fallen 56% from its peak, returning to its IPO price of Rs 390. Despite a 54% revenue jump, the company's net loss widened to Rs 1,092 crore in Q2FY26, primarily due to quick commerce expansion. Brokerages remain divided on its future prospects.