Eternal (previously Zomato) and Swiggy are grappling with increased margin challenges due to rising fuel costs and declining ad revenue, according to Elara Capital. The first quarter of the upcoming financial year could bring unexpected drops in order volume and growth rate for these food delivery platforms. However, a 30% electric vehicle (EV) penetration is helping them mitigate some exposure to higher fuel costs.

Swiggy's share price has dipped by about 2%, following Macquarie's decision to downgrade the company from a perform rating to an underperform rating. This move suggests potential challenges ahead for the food delivery platform.

On May 11th, Swiggy, ABB India, Tata Consumer, and Bank of Baroda are under scrutiny following the release of their Q4 results, attracting investor interest.

Swiggy temporarily halts store expansion due to existing usage, focusing instead on anticipated growth in Monthly Transacting Users (MTU) within the next two quarters, thanks to optimizations that have reduced customer attrition.

Swiggy's FY26 results show a significant loss of ₹4,154 crores, as confirmed by the clean audit report. Despite this financial setback, it indicates continued investment and growth efforts in the food delivery sector.

On May 8, a host of companies such as SBI, Titan, Hyundai, Swiggy, Tata Consumer Products, ABB India, Kalyan Jewellers, and CERA will disclose their Q4FY26 financial results, providing insights into their performance over the recent quarter.

Muthoot Fincorp plans to raise INR 600 crore through a bond sale, offering yields ranging from 8.84% to 9.25%. The offer period is open from April 24 to May 8. Swiggy has launched Builders Club, an innovation platform for AI-driven commerce, leveraging AWS and Amazon Bedrock technologies.

The Karnataka High Court has extended the halt on the Competition Commission of India's antitrust case against food delivery service, Swiggy. This action was taken due to concerns about relying on third-party statements without subjecting them to cross-examination.

Swiggy shares have taken a hit, falling approximately 4%, following the resignation of co-founder Lakshmi Nandan Reddy Obul. This departure may potentially impact the company's leadership and strategic direction going forward.

Swiggy's co-founder, Nandan Reddy, is stepping down to focus on separate business endeavors. In his place, Phani Kishan and Rahul Bothra have been promoted within the company's restructured board.

Swiggy's target price has been lowered to Rs 270 by JM Financial due to concerns about its Instamart strategy. The investment firm believes the strategy is not generating enough value and could lead to market share losses, increased competition, and negative earnings before interest, taxes, depreciation, and amortization (EBITDA) until FY29.

Swiggy and three other top-tier stocks surged more than 3% beyond their average trading price, suggesting a potentially bullish market direction according to StockEdge data in The Economic Times.

Swiggy's Investor Relations Head, Abhishek Agarwal, steps down before the company's IPO. CFO Rahul Bothra will take on Agarwal's duties after his departure.