Swiggy Shares Slip 4% During Morning Trade

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SUMMARY

This comes after the company on Friday (February 21) announced its plans to invest INR 1,000 Cr in its wholly owned subsidiary Scootsy Logistics Pvt Ltd

Following that, the stock closed the previous trading session (February 24) in green. However, its share price was marginally up at the closing yesterday

With a drop in its share price today, Swiggy’s market capitalisation stood at INR 80,847 Cr at 11:26 AM, with more than 52 Lakhs shares exchanged hands by then

Shares of foodtech giant Swiggy slipped almost 4% to…



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Swiggy Shares Slip 4% During Morning Trade


SUMMARY

This comes after the company on Friday (February 21) announced its plans to invest INR 1,000 Cr in its wholly owned subsidiary Scootsy Logistics Pvt Ltd

Following that, the stock closed the previous trading session (February 24) in green. However, its share price was marginally up at the closing yesterday

With a drop in its share price today, Swiggy’s market capitalisation stood at INR 80,847 Cr at 11:26 AM, with more than 52 Lakhs shares exchanged hands by then

Shares of foodtech giant Swiggy slipped almost 4% to…



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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