🟢 Swiggy is trading 4.18% up

Swiggy is trading 4.18% up at ₹183.35, with no verified catalyst identified for the October 26 move.

• No verified company announcement or report establishes a specific cause for the move.
• BNP Paribas reiterated an Outperform rating and ₹490 target after the recent correction, but available coverage does not directly link its view to the rise.
• The October 23 sell-off followed Q2 results: a ₹922 crore consolidated loss, wider sequentially, and increased Instamart losses—explaining recent weakness, not the current rise.