Swiggy Ltd trades at ₹401.80, down ₹5.15 from previous close; investor sentiment tepid despite optimism in new-age tech stocks.
Mumbai, June 30, 2025 —
Swiggy Ltd (NSE: SWIGGY) opened lower on Monday, slipping 1.27% to ₹401.80 as of 10:16 AM IST, down ₹5.15 from the previous session’s close of ₹406.95. The food delivery platform, which made a strong debut earlier this year, witnessed cautious investor activity amid broader market volatility.
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Peer performance in the tech and fintech space:
- MobiKwik (MOBIKWIK) gained 2.78% to ₹247.00
- Eternal Ltd: Up 0.48% at ₹263.11
- Delhivery: Slight uptick of 0.30% to ₹383.80
- Paytm (One 97 Communications): Rose 0.25% to ₹917.05
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Despite its growing market share and post-IPO visibility, Swiggy is facing margin pressure and competition from Zomato and emerging players. Analysts suggest watching upcoming quarterly earnings for clearer direction.
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