Food delivery giant Swiggy trades flat, reflecting broader consolidation in tech and platform stocks.
July-1, 2025: Swiggy Ltd opened Monday’s trading session on a subdued note, slipping slightly by ₹0.90 or 0.22% to trade at ₹399.50 on the NSE as of 9:46 AM IST. The stock moved in a narrow band between ₹397 and ₹402 in early hours, mirroring the cautious tone of broader markets.
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The food-tech platform, which has seen investor enthusiasm during its listing phase, now appears to be stabilizing amid overall consolidation in new-age digital stocks.
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Peer companies such as Delhivery also traded flat at ₹383.40, while One MobiKwik Systems Ltd showed some strength with a 1.51% rise to ₹249.00. Meanwhile, Eternal Ltd inched up 0.66% to ₹262.40.
Investors remain watchful of Q1 earnings updates, macro indicators, and upcoming sectoral reforms that could drive the next wave of momentum for consumer-tech platforms.
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