SWIGGY - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.9
| Stock Code | SWIGGY | Market Cap | 78,264 Cr. | Current Price | 283 ₹ | High / Low | 474 ₹ |
| Book Value | 43.5 ₹ | Dividend Yield | 0.00 % | ROCE | -23.3 % | ROE | -91.9 % |
| Face Value | 1.00 ₹ | DMA 50 | 322 ₹ | DMA 200 | 369 ₹ | Chg in FII Hold | 3.84 % |
| Chg in DII Hold | 6.59 % | PAT Qtr | -886 Cr. | PAT Prev Qtr | -881 Cr. | RSI | 36.7 |
| MACD | -11.1 | Volume | 57,83,971 | Avg Vol 1Wk | 92,48,392 | Low price | 271 ₹ |
| High price | 474 ₹ | Debt to equity | 0.01 | 52w Index | 5.99 % | Qtr Profit Var | -40.4 % |
| EPS | -14.8 ₹ | Industry PE | 38.4 |
Analysis: Swiggy (SWIGGY) shows weak potential for swing trading at present. The RSI at 36.7 indicates oversold conditions, but the MACD (-11.1) reflects bearish momentum. The current price (₹283) is below both the 50 DMA (₹322) and 200 DMA (₹369), signaling short-term and long-term weakness. The company is loss-making, with negative ROCE (-23.3%) and ROE (-91.9%), and quarterly losses widened (₹-886 Cr vs. ₹-881 Cr). EPS is negative (-₹14.8), and valuation metrics like P/E and PEG are not meaningful. On the positive side, debt-to-equity is very low (0.01), and both FII (+3.84%) and DII (+6.59%) holdings increased, showing institutional confidence.
Optimal Entry Price: Around ₹270–275, near support levels and oversold RSI zone.
Exit Strategy (if already holding): Consider exiting near ₹320–330 if momentum recovers, or cut losses if price falls below ₹270.
✅ Positive
- Debt-to-equity ratio of 0.01 shows negligible financial risk.
- Strong institutional support with FII (+3.84%) and DII (+6.59%) increases.
- High trading volume ensures liquidity.
⚠️ Limitation
- Company is loss-making with negative ROCE (-23.3%) and ROE (-91.9%).
- EPS of -₹14.8 indicates weak earnings.
- Price below both 50 DMA and 200 DMA reflects bearish trend.
- No dividend yield, limiting investor returns.
📰 Company Negative News
- Quarterly losses widened (₹-886 Cr vs. ₹-881 Cr).
- Weak profitability metrics raise concerns about sustainability.
🌟 Company Positive News
- Institutional investors (FII and DII) increased holdings significantly.
- Debt-free balance sheet provides financial resilience.
🏦 Industry
- Food delivery sector PE (38.4) is not comparable as Swiggy is loss-making.
- Industry supported by rising demand for online food delivery, though competition and profitability remain challenges.
📌 Conclusion
Swiggy is a weak candidate for swing trading due to persistent losses, negative return ratios, and bearish technicals. Entry near ₹270–275 offers limited rebound potential. Exit near ₹320–330 if momentum recovers, or below ₹270 to protect capital.