India, July 31 -- Shares of Swiggy fell more than 5% on the BSE today, hitting an intraday low of Rs.280 apiece, as investors weighed continued losses and mixed brokerage views following the company's Q1 FY27 results.

The stock later recovered some losses, trading 3.52% lower at Rs.285.40 apiece at 13:32 IST. Swiggy's market capitalisation stood at Rs.78,903.5 Cr ($9.4 Bn) at the time.

The bearish stock momentum follows a mixed bag of financial disclosures from the consumer internet major. Swiggy reported a 34% YoY decline in consolidated net loss to Rs.791 Cr in Q1 FY27, compared with Rs.1,197 Cr a year earlier.

Operating revenue increased 37% YoY and 7% QoQ to Rs.6,812 C while total expenses rose 25% to Rs.7,813 Cr.

The company's mo...