Swiggy Shares Slip 2% To Hit A New All-Time Low

SUMMARY

The stock ended last trading session at INR 333.70 on the BSE, down 8% from the previous close and 19% from its listing price of INR 412

Swiggy’s consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR 574.4 Cr in the year-ago quarter

Brokerages expect a sharp deterioration in Instamart’s margin profile due to heightened competition, and higher spending on expansion

Shares of Swiggy slipped over 2% in early trading hours today (February 12) to hit an all-time low of INR 326.10 on the BSE as…