Swiggy shares have shown impressive momentum, rising by 7% today after an 8% debut gain and a 7% increase in yesterday’s trading session. On November 13, Swiggy’s shares were listed at a premium on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The stock debuted at ₹420 per share on the NSE, up 7.69% from its IPO price of ₹390. On the BSE, Swiggy listed at ₹412, a 5.6% premium, and surged to an intraday high of ₹449, achieving a 15.12% increase from the IPO price.
Swiggy’s market valuation briefly touched ₹1 lakh crore, reaching ₹89,549.08 crore in early trade yesterday. The stock’s strong debut defied flat grey market premium expectations, surprising market analysts.
As of today, at 9:22 AM, Swiggy shares were trading 5.94% higher at ₹483.10, indicating continued investor confidence and strong demand in early trading.
