According to the latest shareholding data for the December 2025 quarter, both FIIs and MFs have raised their stakes in Swiggy. FIIs increased their holdings from 12.23% to 16.07%, marking the third consecutive quarter of growth. Meanwhile, mutual funds raised their stake from 11.89% to 17.23%, continuing a trend that has lasted five consecutive quarters. Notably, MFs have never reduced their stake in Swiggy since its listing in November 2024, signalling long-term confidence in the company.
Despite this institutional interest, Swiggy’s stock has underperformed over the past year, declining around 30% and currently trading at Rs 344, below its IPO price of Rs 390. This highlights the contrast between short-term market performance and long-term institutional confidence.
On Monday, as of 1.05 pm, Swiggy’s stock was down 2.20% at Rs 343.85, with a market capitalisation of approximately Rs 94,885 crore.
Trendlyne forecaster data shows that 25 analysts give Swiggy a consensus ‘BUY’ rating, with a target price implying a 42% upside from current levels.
On the technical front, the 14-day Relative Strength Index (RSI) stands at 28.7. In technical analysis, an RSI below 30 is generally considered oversold, which means the stock may have been sold off excessively in the short term. This condition often signals a potential buying opportunity, as the stock could rebound once selling pressure eases.
However, the stock’s moving averages paint a more cautious picture. Swiggy is currently trading below all eight major Simple Moving Averages (SMAs), a situation that typically indicates a bearish trend in the short to medium term. In simple terms, the stock’s price is lower than its average price over various time frames, suggesting downward momentum.Financially, while the December 2025 quarterly results are yet to be released, the previous quarter (September 2025) offers insight into the company’s performance. Swiggy reported revenue of Rs 5,620 crore, a 52.5% year-on-year growth, demonstrating strong top-line momentum. However, the net loss widened to Rs 1,092 crore, reflecting continued heavy investments in operations and expansion.
Key takeaway: While Swiggy’s stock has underperformed recently, the consistent stake increases by FIIs and MFs point to strong institutional confidence. Retail investors may consider keeping an eye on the stock for potential long-term opportunities, especially if upcoming quarterly results show improvement or if technical indicators signal a rebound.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)