menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Why Swiggy...
source image

Bloomberg Quint

13h

read

247

img
dot

Image Credit: Bloomberg Quint

Why Swiggy Share Price Is Correcting On The Second Day Of Listing

  • Swiggy's share price corrected on the second day of listing, falling over 4.5% on profit booking.
  • On the first day of listing, Swiggy saw delivery volumes of 12.10 crore shares with a total value of trade at Rs 5,519 crore.
  • The shares delivered accounted for 20.8% of the total shares offered in the IPO or 37.80% of the freely available shares.
  • Institutions have bought nearly 38% of the free float available in the market, while retail and HNI likely sold a significant portion of their holdings.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app