After an uptick during the first month since its public listing on November 13 2024 where it gained 58% from the offer price of ₹390, the stock has gradually sunk below this threshold. In 2025 so far, it has lost 37%. The stock may remain under pressure in the short term given rising fixed costs and drag on contribution margin due to the fast pace of store additions. Read more at: https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/swiggy-with-a-lot-in-store-also-needs-profit-on-menu/118344907?utm_source=top_story&utm_medium=homepage