New Delhi, Oct. 23 -- Swiggy shares crashed more than 17% to hit a 2-week low in intraday trade on Friday, 23 October, a day after reporting its September quarter (Q1FY27) results. Swiggy share price opened at Rs.204.90 against its previous close of Rs.211.30 and crashed 17.2% to a 52-week low of Rs.174.90.

The stock has been under pressure recently, falling 35% over the last one month, while over the last one year, the stock is down 58%, hitting a 52-week high of Rs.434.50 on 31 October last year.

Swiggy's food delivery business gross order value (GOV) grew 17.7% year-on-year (YoY) and 5.9% quarter-on-quarter (QoQ), to Rs.10,054 crore. Food delivery MTUs (monthly transacting users) grew 15.2% YoY to reach 19.8 million.

Adjusted EBITDA...