{"id":1025442,"date":"2026-08-01T08:17:16","date_gmt":"2026-08-01T02:47:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025442"},"modified":"2026-08-01T08:20:41","modified_gmt":"2026-08-01T02:50:41","slug":"swiggy-contra-view-why-jm-financial-downgraded-the-stock-to-sell-despite-strong-q1-results","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/01\/swiggy-contra-view-why-jm-financial-downgraded-the-stock-to-sell-despite-strong-q1-results\/","title":{"rendered":"Swiggy contra view: Why JM Financial downgraded the stock to &#8216;sell&#8217; despite strong Q1 results"},"content":{"rendered":"<p>Despite Swiggy reporting better-than-expected first quarter earnings and sharply narrowing losses, domestic brokerage JM Financial turned more cautious, downgrading the stock to Sell from Reduce. <\/p>\n<p>With a target price of Rs 250 per share, analysts forecast over 15% downside from current market levels. The contrarian view comes after a host of international and Indian brokerages issued bullish calls on the counter following the Q1 print.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite Swiggy reporting better-than-expected first quarter earnings and sharply narrowing losses, domestic brokerage JM Financial turned more cautious, downgrading the stock to Sell from Reduce. With a target price of Rs 250 per share, analysts forecast over 15% downside from current market levels. The contrarian view comes after a host of international and Indian brokerages issued bullish calls on the counter following the Q1 print.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1025442","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025442"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025442\/revisions"}],"predecessor-version":[{"id":1025467,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025442\/revisions\/1025467"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}