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Swiggy’s valuation takes a huge 50 pc dip from its peak as stock plunges

Summary by Social News XYZ

New Delhi, Feb 22 (SocialNews.XYZ) Swiggy, one of India’s leading food-tech companies, is facing a sharp decline in its market valuation which has plunged nearly 50 per cent from its peak. The online food aggregator's valuation, which soared past $16 billion or nearly Rs 1,32,800 crore in December 2024, has dropped to $9.82 billion or Rs 81,527 crore on the National Stock Exchange (NSE). This is also a fall of over 30 per cent from its $12.7 bil…

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Mangalorean.com

Swiggy’s valuation takes a huge 50 pc dip from its peak as stock plunges

New Delhi, Feb 22 (SocialNews.XYZ) Swiggy, one of India’s leading food-tech companies, is facing a sharp decline in its market valuation which has plunged nearly 50 per cent from its peak. The online food aggregator's valuation, which soared past $16 billion or nearly Rs 1,32,800 crore in December 2024, has dropped to $9.82 billion or Rs 81,527 crore on the National Stock Exchange (NSE). This is also a fall of over 30 per cent from its $12.7 bil…

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Social News XYZ broke the news in 21 hours ago on Saturday, February 22, 2025.

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