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Swiggy shares dip 7% to hit 52-week low, Zomato down 5%
short by Mansi Agarwal / on Tuesday, 11 February, 2025
Swiggy's shares dipped roughly 7% during the trading session on Tuesday to hit a 52-week low of ₹335.5 on the NSE. Meanwhile, rival Zomato's shares also plunged over 5%. The dip came after the food delivery platforms' weak performance in the October-December quarter of the current financial year. Benchmark indices Sensex and Nifty also tanked more than 1% on Tuesday.
read more at Moneycontrol