Restaurant supply chain disruptions are hitting food delivery stocks hard. Swiggy shares fell five percent to a 52-week low as commercial LPG shortages across multiple cities disrupt restaurant operations. Eternal also declined five percent, leading Nifty 50 losers. Motilal Oswal warns that LPG supply tightening from Strait of Hormuz disruptions could create near-term headwinds for food delivery platforms. Restaurants may reduce menus, cut operating hours, or temporarily close kitchens, limiting order availability on delivery platforms. While food delivery growth had been improving recently, this supply chain disruption threatens to moderate fourth quarter order volumes if shortages persist through March.
