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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
  • Swiggy shares rise 7% to ₹370.90 on BSE
  • Market cap reaches ₹83,576 crore (US$10.1 billion)
12-Feb-2025 💸 Swiggy adds 2% fee on restaurant orders
  • Swiggy to add 2% fee on all orders from Feb 16
  • Restaurants express concerns; feedback invited
10-Feb-2025 📉 Swiggy stock hits 52-week low after Q3 loss surge
  • Swiggy shares drop 6% to ₹359, a 52-week low.
  • Q3 net loss increased by 39.1% prompting price cut.
07-Feb-2025 📉 Swiggy shares hits 52-week low as Q3 losses widen
  • Swiggy Q3 net loss hits ₹799 crore, up 39.1%
  • Stock falls to 52-week low at ₹387, then recovers
06-Feb-2025 📉 Swiggy Q3 losses rise, quick commerce drives growth

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