Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy, the popular food delivery aggregator and a direct competitor to Zomato, saw its shares spike 10 per cent in Tuesday’s trade (December 3), reaching a fresh high of ₹541.95 per share. The surge in shares comes just ahead of the company’s Q2FY25 results announcement, scheduled for today, marking Swiggy’s first earnings report since its listing.
Separately, bourses BSE and NSE have sought clarification from the company regarding a news report titled “Swiggy expands 10-minute food delivery service Bolt to over 400 cities.” Swiggy’s reply is awaited.
Swiggy made its debut on Dalal Street on November 13, listing with a 7.7 per cent premium at ₹420, above the issue price of ₹390 per share. Since its listing, the stock has…
