Swiggy Jumps Over 7% After Foreign Holding Falls Below 50%
Shares of Swiggy surged over 7% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen below the 50% mark.
Worth a read for markets-focused operators. Published by Inc42 — context above is the source's own framing.
Shares of Swiggy surged over 7% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen below the 50% mark.
This article lives at Inc42. We linked it because we found it valuable for F&B operators.
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Curated industry coverage by the Restronomics editorial team. Each article is selected from approved F&B publications and includes a Restronomics editor take.
Eternal-owned foodtech platform Zomato has reportedly entered the rapid food delivery space with the roll out of vending machines, recently.
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