{"id":903741,"date":"2025-02-07T09:25:10","date_gmt":"2025-02-07T03:55:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=903741"},"modified":"2025-02-07T09:32:25","modified_gmt":"2025-02-07T04:02:25","slug":"swiggy-shares-plunge-8-2-reasons-why-stock-is-falling","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/07\/swiggy-shares-plunge-8-2-reasons-why-stock-is-falling\/","title":{"rendered":"Swiggy shares plunge 8%. 2 reasons why stock is falling\u2026"},"content":{"rendered":"<p>Swiggy\u2019s share price plummeted 7.8% to hit a fresh 52-week low of Rs 385.25 on Thursday. The stock lost 6.5% in the pre-open session implying an open at Rs 391. The fall in stock price came after the company\u2019s net profit declined in the third quarter of FY25 on the back of dark store addition and increased competition. <\/p>\n<p>Nuvama sees dark store expansion as headwind for Q4 <\/p>\n<p>Nuvama Institutional Equities, in a research note, said that the dark store expansion accelerated in the second half of the quarter and picked up further in January, creating a headwind for the next quarter. Swiggy\u2019s growth was in line with expectations, but margins dipped significantly below consensus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy\u2019s share price plummeted 7.8% to hit a fresh 52-week low of Rs 385.25 on Thursday. The stock lost 6.5% in the pre-open session implying an open at Rs 391. The fall in stock price came after the company\u2019s net profit declined in the third quarter of FY25 on the back of dark store addition and increased competition. Nuvama sees dark store expansion as headwind for Q4 Nuvama Institutional Equities, in a research note, said that the dark store expansion accelerated in the second half of the quarter and picked up further in January, creating a headwind for the next [&hellip;]<\/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":[63,4,12],"tags":[],"class_list":["post-903741","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903741","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=903741"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903741\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=903741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=903741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=903741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}