Why Swiggy shares fell despite better Q1 results

Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?

Swiggy cut Q1 net losses 34% to Rs 791 crore with Instamart at -0.2% contribution margin, but management is pivoting back to prioritizing GOV growth. India's quick commerce requires years of additional cash burn for EBITDA breakeven—a key valuation risk.