On January 15, 2025, Swiggy announced that the government approved its new company, Swiggy Sports Private Limited. This new company is a part of Swiggy and will focus on sports activities. Its main job will be to own and manage sports teams, help develop talent, organize events, run sports facilities, and sell sponsorships. They will also work on promoting sports and providing career services in this field. The new company has a share capital of Rs 1 lakh.
Swiggy Share Prices: What’s Happening?
In the past month, Swiggy’s stock has gone down by 8.53%. Just in the last two weeks, it dropped even more by 10.15%. Over the last week, the stock has remained steady, only dropping slightly by 0.72%. However, on Thursday, the Swiggy shares rose by 4.75%, closing at Rs 487.10 on the BSE.
How Are Swiggy Shares Performing?
Looking at the charts, Swiggy’s shares are below their 10, 20, and 30-day average prices, but they are above their 5-day average. This information comes from Trendlyne.
Disclaimer: The opinions mentioned in this article are those of the writers and do not reflect the views of The Economic Times.
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