Swiggy Share Price Trades 7.69% Lower on January 21, 2025

On January 21, 2025, Swiggy share price traded down by 7.69% at 1:01 PM (IST) at ₹442.15. Swiggy share price reached a 52-week high of ₹617.23 on December 23, 2024, and a 52-week low of ₹390.70 on November 13, 2024. As per BSE, the total traded volume for the stock stood at 6.67 lakh shares with a turnover of ₹29.45 crore.

Shareholding Details

As of September 30, 2024, Foreign Institutional Investors (FIIs) held a 6.91% stake in Swiggy shares, while Domestic Institutional Investors (DIIs) owned 7.75%, and the public held 86.07%.

Swiggy Q2 FY25 Results

Swiggy, the food and grocery delivery platform, reported a marginal reduction in its consolidated net loss to ₹625.5 crore for Q2FY25, compared to ₹657 crore in the same period last year. However, sequentially, the loss increased from ₹611 crore in Q1FY25.

The company’s revenue from operations surged year-on-year (YoY) to ₹3,601 crore during the quarter, while its gross order value (GOV) also grew YoY to ₹11,306 crore. Swiggy’s consolidated adjusted EBITDA loss stood at ₹341 crore, a YoY reduction, as per financial data disclosed on the BSE.

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