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Swiggy shares hit all-time low of $3.63
Shares of Swiggy fell over 5% to an all-time low of 317.15 rupee (US$3.63) during intraday trading on Mar. 3.
By 10:46 AM, the stock was down 3.91% from its previous close of 334.70 rupee (US$3.83) on Feb. 28.
The company’s market capitalization stood at 73,450 crore rupee (US$8.41 billion), with around 42 lakh shares traded.
Rival Zomato also saw a decline, with shares trading 3% lower at 215.25 rupee (US$2.46) in the morning session.
The drop in food delivery stocks aligned with a broader market downturn.
Recent Swiggy developments
| Timeline |
|---|
19-Feb-2025 📈 Swiggy shares jump 7%, market cap hits $10.1b
|
12-Feb-2025 💸 Swiggy adds 2% fee on restaurant orders
|
10-Feb-2025 📉 Swiggy stock hits 52-week low after Q3 loss surge
|
07-Feb-2025 📉 Swiggy shares hits 52-week low as Q3 losses widen
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| 06-Feb-2025 📉 Swiggy Q3 losses rise, quick commerce drives growth |
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