Swiggy Shares Dip 4% During Intraday

The foodtech giant’s market capitalisation dropped to INR 88,552 Cr

Nearly 52 Lakh shares of Swiggy traded hands by 11:00 AM

The stock recovered slightly and was trading at INR 395.30 apiece at the time of writing

Shares of foodtech major Swiggy dipped nearly 4% to INR 393.80 during intraday trading session on the BSE today (January 28).

With a dip in its share price, the foodtech giant’s market capitalisation dropped to INR 88,552 Cr with nearly 52 Lakh shares traded hands by 11:00 AM. 

On a year-to-date (YTD)…