Swiggy stock plunges 5% amid profit booking, anchor lock-in ends
Shares of food delivery and quick-commerce major Swiggy plunged 5 per cent on the bourses on Wednesday as investors booked profits after the one-month lock-in period for anchor investors expired.
The scrip of the company declined 5 per cent each on the BSE and the National Stock Exchange (NSE) to Rs 515.95 and Rs 516.50 apiece, respectively.
