Swiggy Share Price Up 30% in 6 Months; Is This New-Age Stock Set For Bigger Gains? Check Target Price

Swiggy Share Price Today: Food delivery giant, Swiggy's share price has given strong returns to investors over the past six months. The company's scrip value has surged around 30% in past six months. Swiggy's strategy of optimising its existing infrastructure and selective addition of new dark stores positions it well for strong growth, noted Motilal Oswal in its report.

Swiggy share price was trading 0.16% lower at Rs 434.75 per share on BSE with a market capitalisation of Rs 1,08,411.30 crore. The stock had touched an intraday high mark of Rs 437.80 per share and an intraday low mark of Rs 431.40 per share.

Swiggy Share Price Recommendation, Target Price

Brokerage Motilal Oswal has given a 'buy' rating to Swiggy and fixed a target price of Rs 550 per share. " We value the FD business at 35x FY27E adjusted EBITDA and QC using DCF. We maintain BUY on Swiggy with a TP of INR550, implying a potential upside of 26%," noted MOFSL in its report.

Swiggy Share Price Outlook

Swiggy's growth visibility has enhanced given its improved execution and rising average order value (AOV). Swiggy's path to breakeven appears more achievable given easing competitive intensity and pause in dark store expansion.

"The company has also doubled down on FD segment propositions such as Bolt (10-minute meals), Snacc (snack meals), and '99 Store' (affordable, fast-prep offerings), which together are helping Swiggy expand its monthly transacting user (MTU) base and defend its market position," noted MOFSL in its report.

"We believe Swiggy's pivot from the earlier land-grab phase to a more costconscious operating model should drive steady margin expansion ahead. The combination of steady FD growth, rising Instamart AOV, and easing fixed-cost drag enhances the visibility of positive unit economics," it added.

Swiggy Share Price Trend

Swiggy shares were trading in red during Monday's intraday trade. The stock had touched a 52-week high mark of Rs 617 per share on BSE on 23 December, 2024, and it had dipped to a 52-week low mark of Rs 297 per share on BSE on 13 May, 2025. The stock valuation has surged around 12.98% in three months and by 30% in six months. But the stock value has declined around 19.74% year to date (YTD).

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