Pidilite Industries, Swiggy, ABB, Havells India, IRFC and CG Power were among major gainers on Monday. Indian markets were trading firm on Monday with NSE Nifty up by 123 points. Overall market sentiment is positive and we could see a positive start for September. TopNews Team has reviewed technical levels and latest news for the buzzing stocks for short term investors and traders. Swiggy, GAIL (India) Ltd, and Pidilite Industries represent three distinct narratives within India’s dynamic equity market, each marked by unique challenges and opportunity sets. While Swiggy exemplifies the high-wire volatility of consumer internet stocks, GAIL maneuvers through regulatory turns in the energy sector, and Pidilite demonstrates the resilience and discipline of a defensive compounder.

Swiggy: Navigating Volatility and Upside

Swiggy continues to be under the spotlight amid dramatic price swings and strategic realignments. In August 2025, Swiggy’s addition to the MSCI Global Standard Index triggered passive inflows estimated at $293 million, stabilizing share prices and renewing institutional confidence. However, the journey has been far from smooth; Swiggy exited the Nifty Next 50 index only months prior, reflecting a period of high volatility and ongoing recalibration among mutual funds, which rotated positions away from Zomato's parent company Eternal toward Swiggy.

Recent price data underline both promise and risk—a 5.09% weekly gain by late August punctuates a 26% year-to-date decline, symptomatic of wider loss-making quarterly results and investor caution. Swiggy reported Q1FY26 net losses of ₹1,197 crore (up sharply from ₹611 crore YoY), yet revenue soared 54% to ₹4,961 crore, powered primarily by the robust performance of Instamart—its fast-growing but still unprofitable quick commerce venture. Encouragingly, food delivery operations reached EBITDA breakeven in FY25, a positive milestone acknowledged across brokerage reports.

Strategically, Swiggy is reevaluating its 12% stake in Rapido, driven by potential platform conflicts as Rapido expands services. The raising of platform fees in high-demand areas to ₹14 per order further showcases management’s focus on improving operational cash flow and reining in losses.

Analyst sentiment remains cautiously optimistic. Jefferies recently upgraded Swiggy to ‘Buy’ with a ₹500 target, classifying it as “high risk-high reward.” Key expectations include a pause in dark store expansion and gradual margin restoration. DAM Capital projects a 28% revenue CAGR for FY25–28, seeing Swiggy reach adjusted EBITDA profitability by FY28; its ₹515 target implies a 30% upside. Motilal Oswal and Morgan Stanley have also raised targets, with Morgan Stanley’s ‘Overweight’ stance carrying a ₹405 target.

Technically, markets advise a ₹375 stop-loss and consider dips near ₹385 attractive for accumulation, forecasting a potential upside if Swiggy breaks resistance above ₹425. The dominant risks are aggressive competition—especially from Zomato and lower-commission newcomers—alongside supply-chain losses tied to rapid expansion. Nonetheless, Swiggy's status as a frontrunner in quick commerce supports longer-term optimism, particularly as platform monetization and cost discipline take hold.

GAIL (India) Ltd: Awaiting Regulatory Winds

GAIL’s narrative is one of transition, as regulatory reforms and improving operational metrics steer India’s top natural gas transmission and marketing company toward greater profitability. After suffering three consecutive declines, GAIL’s stock is quoted around ₹171–₹241, hovering below crucial moving averages—a technically bearish near-term sign. Nevertheless, institutional investors remain engaged, with high ownership at 41.46%, affirming confidence in GAIL’s fundamental strengths.

Q1 FY26 saw a substantial positive surprise with sharply higher transmission volumes and gas marketing profits, prompting analysts to revise FY25–FY27 earnings up by 2–10%. Notable regulatory changes—especially increased pipeline tariffs and enhanced utilization rates (>75%)—set the stage for margin improvements and sector re-rating. GAIL’s market clout is evident, holding 41.96% industry market capitalization and boasting robust debt servicing and net sales performance.

Analyst sentiment has warmed noticeably. UBS raised its price target to ₹225 in July 2025, spotlighting regulatory reforms and forecasting a 10–12% bump in transmission tariffs. ICICI Securities keeps a “Buy” at ₹275, and Emkay Global upgraded its target to ₹270, referencing a favorable EV/Ebitda ratio and the upside potential of sustained regulatory and volume trends. Systematix Institutional Equities remains more tepid (“Hold” at ₹230), while Antique Stock Broking is outright cautious (“Sell” at ₹196), citing uncertainties in pipeline Ebitda.

Risks include erratic earnings in gas marketing, margin compression due to LNG contract spreads, and lofty valuations that some believe already reflect most positives. Conversely, opportunities reside in expanding pipeline utilization, continuing regulatory tailwinds, and robust Q1 performance—augmented by GAIL’s strong historical September showing (positive returns in 12 out of 16 years, maximum gain +10.96%).

Pidilite Industries: The Steadfast Compounder

Pidilite Industries remains a beacon for investors seeking stability and steady growth. Dominant in adhesives, sealants, and construction chemicals, Pidilite enjoys industry-leading operating and return metrics. Q1FY26 results were especially impressive—an 18% YoY jump in PAT propelled both share price (+2% in late August) and a bonus share announcement, its first in fifteen years. The firm posted ₹672 crore PAT, EBIT margins at 22–24%, and basic EPS at ₹13.22. RoE and RoCE remain elevated at 21.28% and 27.05%, respectively.

Over twelve months, Pidilite’s share price dipped slightly (-0.99%), but three- and five-year returns stand solidly at +12.96% and +111%. Expansion has been strategic, focusing on rural outreach via “Pidilite Ki Duniya” outlets and Dr. Fixit centers, especially beyond tier-3 towns. Premium waterproofing solutions, expanded international distribution, and training initiatives for carpenters and contractors consolidate its leadership and brand equity.

Analyst opinion remains broadly positive. Sachin Kapoor (CFA, StockGro) prices Pidilite at 62x FY27E EPS, predicting a 12-month target of ₹3,720 (20% upside) and a shorter-term target of ₹3,350 (+9%). Both ICICI Securities and Motilal Oswal lean to “ADD” or “Neutral” at targets of ₹3,123–₹3,200, emphasizing strong fundamentals but cautioning on high P/E (71.11) and PB ratios (15.65). Analyst ratings are split: 1 Strong Buy, 8 Buy, 2 Hold, 4 Sell, and 1 Strong Sell, highlighting differentiated but overall constructive views.

Technically, bearish signals emerged with MACD and EMA crossovers in late August, typically tantamount to an average 2–3% near-term decline. Risks remain in premium valuation, which exposes Pidilite to earnings disappointment, raw material cost volatility (particularly crude-linked VAM), and escalating rivalry in adhesives and waterproofing.

For portfolios, Pidilite offers the hallmarks of a defensive compounder—earnings reliability, brand strength, pricing power, and disciplined execution. Ongoing rural expansion, premium product launches, and efficient cost management position it well for both growth- and value-oriented investors.

Comparative Snapshot: Target Prices and Analyst Calls

Actionable Takeaways for Investors

For those seeking growth, Swiggy stands at a crossroads. Despite near-term losses and volatility, multiple analysts signal an impending turnaround, making it suitable for risk-tolerant investors willing to weather strategic pivots. GAIL, though technically challenged short-term, enjoys a favorable consensus propelled by regulatory upgrades and sector leadership—worth monitoring as reforms and volume growth unfold. Pidilite, with its proven defensive qualities and resilient growth, remains a prudent long-term anchor, albeit with valuation risks that merit close attention, especially as technicals hint at possible correction phases.