India, Jan. 30 -- Swiggy's shares plunged close to 8% during intraday trading on Friday, sinking to INR 302.2 apiece during the early trading hours a day after announcing its Q3 financial performance. The shares ended today's trading session down 4.98% at INR 311.1 on the BSE.

With the dip, the company's market capitalisation at the end of the day stood at INR 85,873.35 Cr ($9.34 Bn)

In Q3 FY26, the consumer tech company reported a 33% jump in its net loss to INR 1,065 Cr in Q3 FY26 from INR 799 Cr in the year-ago quarter. Meanwhile, its operating revenue surged 54% YoY and 11% QoQ to INR 6,148 Cr in Q3 FY26.

While some brokerage firms downgraded the rating to "Hold", others initiated "Buy" along with caution and cut in the target pric...