SWIGGY - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.6
| Stock Code | SWIGGY | Market Cap | 88,689 Cr. | Current Price | 321 ₹ | High / Low | 474 ₹ |
| Book Value | 43.5 ₹ | Dividend Yield | 0.00 % | ROCE | -23.3 % | ROE | -91.9 % |
| Face Value | 1.00 ₹ | DMA 50 | 360 ₹ | DMA 200 | 390 ₹ | Chg in FII Hold | 3.84 % |
| Chg in DII Hold | 6.59 % | PAT Qtr | -886 Cr. | PAT Prev Qtr | -881 Cr. | RSI | 39.5 |
| MACD | -17.0 | Volume | 89,92,776 | Avg Vol 1Wk | 1,78,01,485 | Low price | 297 ₹ |
| High price | 474 ₹ | Debt to equity | 0.01 | 52w Index | 13.6 % | Qtr Profit Var | -40.4 % |
| EPS | -14.8 ₹ | Industry PE | 46.9 |
📊 SWIGGY currently shows weak potential for swing trading. The stock is trading below both its 50 DMA (360 ₹) and 200 DMA (390 ₹), indicating bearish technical momentum. RSI at 39.5 suggests the stock is approaching oversold territory, while MACD at -17.0 confirms negative sentiment. Fundamentally, the company is struggling with negative ROCE (-23.3%) and ROE (-91.9%), alongside consistent quarterly losses (PAT -886 Cr vs -881 Cr). Despite strong institutional inflows (FII +3.84%, DII +6.59%), profitability remains a major concern.
✅ Optimal Entry Price: Around 305–315 ₹ (near support levels)
🚪 Exit Strategy: If already holding, consider booking profits near 345–355 ₹ resistance zone, or exit if price falls below 297 ₹ support.
Positive
- Strong FII inflows (+3.84%) and DII inflows (+6.59%) show institutional confidence
- Debt-to-equity ratio at 0.01, indicating minimal leverage
- High trading volumes provide liquidity for swing trades
Limitation
- Consistent losses with negative EPS (-14.8 ₹)
- Weak fundamentals with negative ROCE and ROE
- Dividend yield at 0.00%, no passive income
- Stock trading far below 52-week high (474 ₹), showing weak momentum
Company Negative News
- Quarterly PAT remains negative (-886 Cr)
- Profit variation (-40.4%) highlights worsening financial performance
Company Positive News
- Institutional investors (FII and DII) increasing stake
- Strong liquidity with high average trading volumes
Industry
- Food delivery and tech sector remains competitive and high-growth
- Industry PE at 46.9, showing sector trades at premium valuations
- Sector outlook supported by rising consumer demand and digital adoption
Conclusion
⚖️ SWIGGY is a weak candidate for swing trading due to poor fundamentals and ongoing losses. Entry near 305–315 ₹ may offer a short-term opportunity, but profit booking should be considered around 345–355 ₹. Institutional inflows provide some support, yet caution is advised given the company’s negative earnings and weak technical trend.