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The Economic Times

Business / The Economic Times

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Swiggy falls 16% to new low, Qcomm losses spook street

Shares of Swiggy fell by 16.4% to 176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving profitability in its quick-commerce business. Analysts are questioning Swiggy's strategic choices and execution following its market debut. The widening losses in the quick-commerce segment have drawn attention to the company's overall performance.

24 Oct 2026 8:43 am