Swiggy Shares Drop 4% Ahead Of Q3 Results

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SUMMARY

As of 10:54 AM, the stock was down 3.6% at INR 418.10 per share on the BSE, compared to its last close of INR 433.65 apiece yesterday

Swiggy has been on the downward trend since yesterday, while its peer Zomato’s shares also ended in red at INR 234.50 apiece

Multiple brokerages including UBS, JM Financial, Axis Capital and Kotak Institutional Equities have given the stock a ‘buy’ rating

Shares of the foodtech major Swiggy dropped more than 4% to INR 414.75 apiece during the morning trade session on the BSE…



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Swiggy Shares Drop 4% Ahead Of Q3 Results


SUMMARY

As of 10:54 AM, the stock was down 3.6% at INR 418.10 per share on the BSE, compared to its last close of INR 433.65 apiece yesterday

Swiggy has been on the downward trend since yesterday, while its peer Zomato’s shares also ended in red at INR 234.50 apiece

Multiple brokerages including UBS, JM Financial, Axis Capital and Kotak Institutional Equities have given the stock a ‘buy’ rating

Shares of the foodtech major Swiggy dropped more than 4% to INR 414.75 apiece during the morning trade session on the BSE…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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