Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion

Defying weak market conditions and a tepid initial public offering (IPO) response, food delivery major Swiggy

registered a 17 per cent gain on its stock market debut on Wednesday.

Shares of the company closed at Rs 456 apiece, up 17 per cent, above the issue price of Rs 390. The stock reached a high of Rs 464 and a low of Rs 391 on the