Swiggy shares jump 7%, market cap hits $10.1b

Shares of Swiggy increased by nearly 7% during intraday trading on Feb. 19, reaching 370.90 rupees (US$4.46) on the Bombay Stock Exchange (BSE).

This rise occurred against a broader market backdrop, with the Sensex gaining 0.068% to 76,018.91, while the Nifty dropped 0.020% to 22,940.65 as of 11:11 AM.

During the trading session, Swiggy’s market capitalization rose to 83,576 crore rupees (US$10.1 billion).

Over 1 crore (10 million) shares were traded by the time of reporting.

Recent Swiggy developments

Timeline
12-Feb-2025 💳 Swiggy adds 2% fee on restaurant orders Swiggy to charge 2% fee on all orders from Feb 16 Restaurants express concerns over the new collection fee
10-Feb-2025 📉 Swiggy stock hits 52-week low after Q3 loss surge Swiggy shares drop nearly 6% to 359 rupees Q3 net loss rises 39.1% prompting Bernstein target cut
07-Feb-2025 📉 Swiggy shares hits 52-week low as Q3 losses widen Swiggy’s net loss reaches ₹799 crore in Q3 FY25 Revenue up 31% YoY, driven by Instamart growth
06-Feb-2025 📉 Swiggy Q3 losses rise, quick commerce drives growth Swiggy reports ₹799 crore net loss in Q3 FY25 Operating revenue rises 31% to ₹3,993.1 crore
31-Jan-2025 🗒️ Swiggy’s company secretary resigns M. Sridhar resigns as Swiggy’s secretary Last working day set for February 17, 2025

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Recent Swiggy developments

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