Swiggy Ltd. Share Price

TIME TECHNOPLAST FUNDAMENTAL RESEARCH REPORT

Time Technoplast (NSE: TIMETECHNO, BSE: 532856), Mumbai, is a multinational maker of polymer and composite products across 10 countries (India 65% / overseas 35% of revenue). Its businesses: industrial packaging (the world’s largest maker of large plastic drums; ~55% share of Indian industrial packaging; #3 in IBCs globally), composite cylinders (India’s first Type-IV maker for LPG, CNG and hydrogen; world #2), PE pipes, MOX films and auto products. It is CRISIL AA-/Stable. Event 1 - growth guidance is explicit. Q1 FY27 net sales Rs 1,694 Cr (+25%), EBITDA Rs 225 Cr (+15%), PAT Rs 116 Cr (+22%); volume +11% (India +10%, overseas +14%); composites +29%. Management reiterated volume growth above 15% for FY27 and said that at 15% volume it expects EBITDA growth of 19-20% and PAT growth of 23-24% (automation, solar power, lower finance costs). Composite order book is ~Rs 185 Cr, confirmed packaging orders ~Rs 400 Cr for CY26, and HPCL ordered 1.4 lakh composite LPG cylinders (Swiggy Instamart pilot)

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SWIGGY Ltd. EXPLORES PRIVATE-LABEL EXPANSION

Swiggy is exploring opportunities to expand its private-label business beyond food and beverages, building on the success of its NOICE and Nectr brands on its quick-commerce platform, Instamart. The company is in discussions with brands and vendors to evaluate potential private-label opportunities across categories such as home and kitchen products, toys, consumer electronics and other general merchandise. However, no category has been finalised so far. Swiggy has also been approached by brands and vendors interested in manufacturing partnerships for its private-label offerings, including products in consumer electronics and other categories. While the company has reached out to some brands directly, several potential partners have also approached Swiggy with proposals. The company has been exploring private-label opportunities across multiple categories following the traction gained by NOICE and Nectr. Its discussions continue across a broad range of product segments, including home and kitchen, as it assesses potential areas for expansion. The move comes as quick-commerce platforms increasingly diversify their product offerings to attract more customers and encourage higher-value purchases. Competitors such as Blinkit, Zepto and Amazon Now are expanding their premium product ranges, while Flipkart Minutes has introduced Pykd, its own gourmet grocery brand, highlighting the growing focus on private labels and differentiated offerings in the quick-commerce sector.

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Meesho Slides 6% as Nomura Warns of 23-28% Downside

closed at ₹217.06, down 6.78% from the previous close of ₹232.84, a sharp single-day fall that also pushed the stock below several of its key moving averages, a meaningful shift from the supportive technical setup it had shown just a couple of weeks earlier. The trigger was a fresh brokerage downgrade. Nomura initiated coverage with a "Reduce" rating and a target price of ₹167, implying 23-28% further downside, citing that Meesho trades at a premium to peers like Eternal and Swiggy despite those companies having higher NMV growth and profitable food-delivery businesses. The technical picture has clearly weakened. The stock had been trading above its 20, 50, 100, and 200-day moving averages, but today's fall pushed it below several of these levels, a genuine reversal from "supported" to "under pressure." Volume was heavy through the decline, consistent with institutional selling rather than routine retail-driven noise, and the stock underperformed both its sector and the broader Sensex by a wide margin. This extends a rough stretch. The stock is now down over three consecutive sessions, with today's fall being the sharpest of the run. It remains well above its 52-week low of ₹125.56, and far below its 52-week high of ₹254.40, so despite the sharp drop, this isn't yet a breakdown to fresh lows. The underlying business is still loss-making but improving. The most recent quarterly loss narrowed to ₹133 crore from ₹289 crore a year earlier, though Nomura expects NMV growth to slow further ahead.

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Instamart expands battery swapping for EV deliveries

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628 Swiggy (

) Instamart is expanding battery-swapping infrastructure near its dark stores to encourage EV adoption among delivery partners. The company says the model can save up to 60 minutes of travel and waiting time each day. What happened? Instamart is working with Yuma Energy to place battery-swapping stations at its dark stores. Yuma currently operates more than 2,000 swapping units, with each swap taking under two minutes. Instamart is also offering rental cashback incentives for delivery partners using Yulu electric two-wheelers. (***** Why does it matter? For last-mile delivery, vehicle utilisation is critical. Instamart says delivery partners cover more than 90 km a day on average and may need two battery swaps. Bringing swapping stations closer to dark stores can reduce downtime and make EVs more practical for high-frequency deliveries. (***** My view The important point is that EV adoption depends on the operating ecosystem, not just the vehicle. Lower rental costs and shorter energy-replenishment time can improve the economics for delivery partners. For Instamart, the benefit would come if higher EV adoption translates into lower delivery costs and better fleet utilisation. What I am watching next I would track the number of swapping stations added, EV adoption among delivery partners and delivery economics. The key question is whether these infrastructure investments produce measurable savings at scale. No Recommendations Source: Business Standard Disclosure: I, my entity, associates or relatives don't have any holding, position or other material interest in Swiggy Limited.

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Swiggy – Technical Analysis, Support and Resistance

The stock

is showing a base-building structure after a long downtrend on the daily chart. The stock declined from the ₹470–480 zone and formed a low near ₹240–245. Since then price has recovered and is consolidating mainly between ₹260 and ₹295. The latest session saw a sharp fall of nearly 6%, bringing price back near ₹284. Current market data also shows Swiggy around ₹284.35 on September 22, 2026. Support & Resistance: Immediate support is around ₹270–275 followed by ₹255–260. Stronger support is visible near ₹240–245. On the upside, ₹290–300 is the immediate resistance zone. A sustained breakout above ₹300 can improve the recovery structure while the ₹320–350 area can act as the next major resistance zone. Short-Term Buyers & Holders View: For short-term buyers ₹270–275 is an important zone to monitor for stability. A move above ₹300 with strong volume would indicate stronger bullish momentum. If ₹270 breaks decisively the stock can retest ₹255–260. Holders can monitor ₹270 support and ₹300 resistance for the next directional move.

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