Indian Food Delivery Stocks Drop as Gas Shortage Hit Restaurants

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Alex Gabriel Simon

March 12, 2026 at 5:11 AM UTC

Shares of Indian food delivery firms dropped as restaurants warned of disruptions to operations after the Middle East conflict triggered a cooking-gas crunch.

Eternal Ltd. fell as much as 4.8%, while Swiggy Ltd. declined by a similar measure to a record low. Shares of fast food operators, including Jubilant Foodworks Ltd., also retreated.