Shares of Swiggy Ltd slipped marginally in Tuesday’s trade after a block deal involving 0.1% of the company’s equity took place on the NSE. The stock fell 0.13% to ₹448.95, down ₹0.60 from the previous close of ₹449.55.
According to exchange data, the identities of the buyers and sellers in the block deal remain undisclosed. Market participants, however, noted that such stake transactions often trigger short-term volatility.
At the time of writing, Swiggy’s stock was trading in the range of ₹447.00 – ₹451.00 during the session.
Swiggy’s market capitalization currently stands close to its recent highs, with investor interest steady amid ongoing sector growth in India’s food delivery and quick-commerce markets.
Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Market investments are subject to risks.
