Swiggy Shares Slip 2% To Hit A New All-Time Low

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SUMMARY

The stock ended last trading session at INR 333.70 on the BSE, down 8% from the previous close and 19% from its listing price of INR 412

Swiggy’s consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR 574.4 Cr in the year-ago quarter

Brokerages expect a sharp deterioration in Instamart’s margin profile due to heightened competition, and higher spending on expansion

Shares of Swiggy slipped over 2% in early trading hours today (February 12) to hit an all-time low of INR 326.10 on the BSE as…



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Swiggy Shares Slip 2% To Hit A New All-Time Low


SUMMARY

The stock ended last trading session at INR 333.70 on the BSE, down 8% from the previous close and 19% from its listing price of INR 412

Swiggy’s consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR 574.4 Cr in the year-ago quarter

Brokerages expect a sharp deterioration in Instamart’s margin profile due to heightened competition, and higher spending on expansion

Shares of Swiggy slipped over 2% in early trading hours today (February 12) to hit an all-time low of INR 326.10 on the BSE as…



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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