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Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers today
On March 2, the Indian stock market fell over 1% amid rising Middle East tensions after US and Israeli attacks on Iran. Iran retaliated, raising fears of war and causing crude oil prices to spike, with Saudi Aramco halting operations at a refinery following a drone strike.
Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers today - Mint
Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers todayMint
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Swiggy expands food delivery to more railway stations across India
Swiggy has expanded its ‘Food on Train’ service through its partnership with IRCTC, growing its network by 117% over the past year. The service now covers 152 stations as of February 2026, up from 70 stations in February 2025, with supply spanning from Guwahati to Rajkot and Pathankot to Tirunelveli.
Bernstein backs Eternal, Swiggy despite AI concerns, still sees up to 60% upside
Bernstein expects Indian consumers to increasingly use AI apps as part of their shopping journey. However, it believes that without meaningful on-ground infrastructure, AI-led platforms are more likely to act as incremental demand channels rather than pose a disintermediation risk to established players.
Swiggy’s Snacc shutdown lays bare the brutal economics of ultra-fast food delivery
The company’s retreat from its standalone instant food delivery experiment marks a strategic pivot toward sustainable growth as the high fixed costs of owning the supply chain collide with the need for profitability.
Swiggy pulls plug on Snacc as 15-minute food bet fails to scale
Swiggy shut down Snacc, its 15-minute food app which was meant to deliver home-style, unbranded meals, due to losses. Staff will move to other roles as Swiggy focuses on core services and financial health. Shares of Swiggy ended today's trade 2.3% lower at ₹326.20 on the NSE. On a YTD basis, shares have given a negative return of 16.5%.
Chartist Talk: 24,500 crucial for sharp upside in Nifty 50; Milan Vaishnav shares views on Swiggy, Cummins, Exide, ABB, CG Power
Aditya Birla Capital and Bharat Forge look good over the coming weeks, as both are showing bullish divergences on their leading indicators and are poised for a breakout.
Swiggy stock jumps 6% after domestic ownership tops 50%, bringing Instamart closer to inventory-led model
Swiggy shares jumped today after the company said domestic ownership had crossed the 50 percent mark, bringing Instamart a step closer to a potential inventory-led model under India's foreign investment rules. However, the company clarified that the change in shareholding alone does not alter its ownership or control status.
Taking Stock: Nifty, Sensex extend losses for second day as oil surges; rupee falls
More than 360 stocks touched their 52-week low, including Hexaware Technologies, Jubilant Foodworks, Five-Star Business, C E Info Systems, Varun Beverages, Jyothy Labs, Tata Motors Passenger Vehicles, ITC Hotels, Lemon Tree, Trent, KPIT Technologies, Jyoti CNC Auto, Swiggy, Colgate Palmolive, Cera Sanitary, Aegis Logistics, IRCTC, among others.
Stocks to Watch Today: Swiggy, Enviro Infra, Advait Energy, AstraZeneca, Torrent Pharma, Laxmi Organic, Larsen & Toubro, Safety Controls in focus on 13 April
Stocks to Watch, 13 Apr: Stocks like Mahindra and Mahindra, Larsen & Toubro, Swiggy, Enviro Infra Engineers, Advait Energy Transitions, Mahanagar Gas, Krishna Defence and Allied Industries, Lupin, AstraZeneca Pharma India, Torrent Pharmaceuticals, Muthoot Finance, and Ratnaveer Precision Engineering will be in focus on April 13.
Unicommerce eSolutions shares rise up to 2.5% as firm partners with Swiggy networks to simplify B2B order processing
Unicommerce said the integration will enable brands to manage and fulfil bulk orders to Swiggy Network warehouses through its centralised dashboard.