Swiggy, Eternal stocks down 35–40% from peak: What’s next?

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HomeMarket NewsSwiggy, Eternal stocks down 35–40% from peak: What’s next?

Karan Taurani, EVP of Elara Capital, says quick commerce faces competition and slower growth, but improving unit economics and a shift to profitability should support stocks. LPG concerns have eased, while platform fees are boosting margins in food delivery despite competition.

By CNBCTV18March 23, 2026, 1:35:33 PM IST (Updated)

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