India, Feb. 12 -- Shares of Swiggy slipped over 2% in early trading hours today (February 12) to hit an all-time low of INR 326.10 on the BSE as the foodtech giant continued to reel under the effect of weak performance in the December quarter of the fiscal year 2024-25 (Q3 FY25).
Notably, Swiggy's shares logged losses for the seventh consecutive session. The stock has tanked over 27% in the last 6 trading sessions, ending in the red at all times.
The stock ended last trading session at INR 333.70 on the BSE, down 8% from the previous close and 19% from its listing price of INR 412.
Swiggy's consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR 574.4 Cr in the year-ago quarter. Meanwhile, its quick commerce arm Inst...
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