New Delhi, Dec. 14 -- Swiggy share price will remain in focus on Monday after the company announced that it has completed Qualified Institutions Placement (QIP) of equity shares, raising Rs.10,000 crore.
The shares of food delivery company was up nearly 4% on Friday, closed at Rs.416.7. Swiggy stock has rallied over 6% in a month and 15.45% in last six months. However, Swiggy share price has fallen 3.25% since its listing in November 2024.
In an exchange filing on December 13, Swiggy informed the exchanges that the QIP saw a strong and diversified participation from marquee global and domestic institutional investors.
The issue was participation from 21 mutual funds, including each of the top 10 MFs in the country viz. SBI MF, ICICI Pr...
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