Swiggy and Eternal shares drop up to 30 percent in 2026 so far Buy now or wait

Analysts warn valuations are still stretched

Swiggy and Eternal shares have slid as much as 30% in 2026, reigniting questions for investors on timing and risk. Both stocks began trading at demanding valuations, even as Eternal has posted some long-term gains. Analysts urge caution, saying it may be wiser to wait for clearer earnings and more normalized valuations, with Swiggy viewed as offering slightly better long-term risk-reward.