Swiggy Shares Slump 7% To Hit All-Time Low

The selling pressure came as pre-IPO investors and other non-promoter shareholders became eligible to offload their holdings in the open market.

With today’s fresh 52-week low, the stock has now declined 51.86% from its 52-week high of INR 617, recorded on December 23 last year

The slump in Swiggy’s stock also coincided with broader weakness in benchmark indices like the Sensex and Nifty 50

Shares of Swiggy slumped 7.33% to hit an all-time low of INR 297 apiece on…