Swiggy share price rises 7% on narrowing Q2 losses; revenue soars 30% YoY

Swiggy shares jumped 6.6 per cent in Wednesday’s trade and logged an intraday high at Rs 534.85 per share. The buying interest sparked after the food delivery platform released its September quarter on Tuesday, post market hours.

Around 9:34 AM, Swiggy share price was up 3.13 per cent at Rs 517 per share. In comparison, the BSE Sensex was up 0.27 per cent at 81,061.02. The market capitalisation of the company stood at Rs 1,15,727.73 crore. The 52-week high of the stock stood at Rs 542.1 per share and 52-week low of the stock stood at Rs 390.7 per share.