Swiggy Shares Drop 4% Ahead Of Q3 Results

As of 10:54 AM, the stock was down 3.6% at INR 418.10 per share on the BSE, compared to its last close of INR 433.65 apiece yesterday

Swiggy has been on the downward trend since yesterday, while its peer Zomato’s shares also ended in red at INR 234.50 apiece

Multiple brokerages including UBS, JM Financial, Axis Capital and Kotak Institutional Equities have given the stock a ‘buy’ rating

Shares of the foodtech major Swiggy dropped more than 4% to INR 414.75 apiece during the morning trade session on the BSE…