Stocks to watch: BEL, Swiggy, Eternal, IHCL, PC Jeweller, RBL Bank, SRF
Swiggy is in focus in a defence development.
· Business Standard Mkts
Stocks to watch today: BEL, Swiggy, Eternal, IHCL, PC Jeweller, RBL Bank, SRF, Nestle India, Zydus Wellness, Persistent Systems, Adani Green Energy, Aye Finance, among others, will be in focus…
The analysis
Against that, the stock is -4.5% on the day at ₹213.60, and has returned -17.2% over three months. It sits 51% below its 52-week high, which means a good deal of bad news was already in the price. The hotels & restaurants sector has moved -1.4% over the same period, so Swiggy is running 15.8 points behind its peers.
With Swiggy, RBL Bank and SRF all implicated, this reads as a Hotels & Restaurants-level move rather than a company-specific one, which is the more durable kind of signal.
Why it matters
- Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.
Market context
- It touches several names at once (SWIGGY, RBLBANK, SRF, NESTLEIND), which points to a sector-level rather than company-specific driver.
- Sector exposure: Hotels & Restaurants, Banks, Chemicals.
In this story
Related coverage
Q2 results 2026 today: Eternal, Adani Green, Indian Hotels among 38 firms to announce quarterly earnings | Full list
Top stocks to watch today: Swiggy, Adani Green, Eternal, GMDC, BEL shares in focus on Thurs, 22 Oct | Full list
FSSAI issues notices to Nestlé India, Zydus Wellness over product claims
Lactogen Pro 1 Easy To 'Digest' For Babies? FSSAI Pulls Up Nestlé India For Scientific Proof
Midcap 100, Smallcap 100 index down 1%; MRF, Biocon, Swiggy at 52-week lows