Swiggy Shares Down 5% After Lock-In Expiry Frees Up 6.5 Crore Shares
Swiggy shares fell 5% after anchor investors' one-month lock-in ended, with 6.5 crore shares freed for trading. The stock dropped to Rs 515.95 on BSE, reducing Swiggy's market valuation to Rs 1.16 lakh crore.
Swiggy shares slide 5% as one month lock-in period expires; 6.5 crore stocks eligible for trade
Shares of Swiggy, which debuted on stock exchanges on November 13, trade 33% higher than its IPO price of ₹390.
Swiggy share price falls over 5% after one-month anchor lock-in period ends
Swiggy shares have seen a decent rally since listing and the stock is up more than 35% than its issue price. After today’s fall in Swiggy shares, the stock still trades more than 30% higher from its IPO price.
Swiggy Share Price Plunges 5% As Anchor Investor Lock-In Period Ends Today; What Do Trends Suggest?
Swiggy shares experienced a sharp decline on Wednesday, December 11, with the stock falling over 5% in early trade to hit Rs 515.95 on the BSE. This marked a reversal of the gains made in the previous session.
Swiggy Shares Drop Over 5% After One Month Anchor Lock-In Period Ends
Swiggy stock fell over 5% intraday as 6.5 Cr shares (3% stake) became eligible for trading after anchor lock-in expiry
Swiggy shares fall over 4% as IPO lock-in expiry ends for 6.5 crore shares
Swiggy's shares dropped by up to 4.4% to Rs 519.50 on BSE in the morning session on Wednesday, following the expiry of a mandatory one-month lock-in period. This release unlocked 6.5 crore shares, or 3% of the company's total outstanding shares,
Swiggy to see 6.5 crore shares free up for trade as lock-in period ends
Shares of Swiggy have risen 40% since it made its stock market debut last month from its IPO price of ₹390 per share.
Swiggy launches 'One BLCK', an invite-only premium membership: Know price, benefits and more
Swiggy launched One BLCK, an invitation-only premium membership offering faster deliveries, complimentary dining perks, and ...
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Swiggy launches invite-only 'One BLCK' membership: Check benefits
One BLCK is the latest addition to Swiggy's range of membership programs. The food delivery giant first introduced its ...
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Swiggy Launches New Membership Plan ‘One BLCK’
Swiggy said that One BLCK will cost select users and existing Swiggy One members INR 299 for a three-month plan ...
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Swiggy introduces an invite-only One BLCK membership
Invitations to Swiggy One BLCK will be rolled out in phases, making this membership available to select users across India.
Food delivery aggregator Swiggy launches invite only membership, One BLCK
Phani Kishan, co-founder and chief growth officer (CGO) of Swiggy, said, “Swiggy One BLCK is the business-class equivalent ...
Swiggy stock plunges 5% amid profit booking, anchor lock-in ends
Swiggy shares dropped 5% after a one-month lock-in for anchor investors ended. 6.5 crore shares became available for trading.
DMart, Swiggy, HG Infra among the top gainers and losers in trade on December 11
The Sensex and Nifty remained range-bound for the third consecutive session on December 11, with investors awaiting key ...
Swiggy Vs Zomato: Which Stock Will See Higher Gains In 2024? Experts Weigh In.
Swiggy and Zomato stocks have been on the rise, but which one is the better pick for investors? Market expert Raghvendra ...