Swiggy Shares Drop 5% During Intraday

The fall in Swiggy’s share price led to a decline in its market capitalisation to INR 99,406 Cr

More than 38 Lakh shares of Swiggy traded hands by 11:32 AM

On a year-to-date basis, the stock declined over 19%

Shares of foodtech major Swiggy crashed nearly 5% to INR 437.05 during the intraday trading session on the BSE today (February 4). 

The fall in its share price led to a decline in its market capitalisation to INR 99,406 Cr with more than 38 Lakh shares traded hands by 11:32 AM. 

On a year-to-date basis,…