Swiggy Ltd Share: The share of online food and grocery delivery company Swiggy Ltd (NSE: SWIGGY) rose by 6.42% on Monday. The share of the company had hit the intraday maximum of 503.65 rupees.
There is a piece of big news behind this rise in shares. Swiggy an online leader in food and beverage companies has widened its 10-minute food delivery service “Bolt” up to over 400 towns and cities in India.
What Did The Company’s Statement Have To Say?
Swiggy Ltd announced on Monday that the ‘Bolt’ brand, was originally first introduced to Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune. It is now used in cities such as Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi.
Apart from this, it has also been expanded to small and medium cities like Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashi K, and Shillong.
The declaration said that ‘Bolt’ was often adopted in Andhra Pradesh and Telangana. Following this, it saw positive responses to the product in Haryana, Tamil Nadu, Gujarat, West Bengal, Rajasthan and Punjab.
It Was Listed On November 13
Let us tell you that Swiggy Ltd‘s IPO was listed on November 13, 2024. Its IPO price was ₹ 390. According to the current price, this stock has climbed up to 30% so far.
The company’s share reached a record high of ₹ 517 on November 28. Swiggy Ltd’s share was listed on BSE at a premium of 5.64% and on NSE at ₹ 420 with a premium of 7.7%.
Quick Fact
| Company name | Swiggy |
|---|---|
| Share rise | 6.42% |
| Share price | ₹500.95 |
| Intraday max | ₹503.65 |
| Service expanded | 400+ towns/cities |
| Service name | Bolt |
| Major cities | Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, Pune |
| New cities | Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, Kochi |
| Smaller cities | Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashik, Shillong |
| IPO listing date | November 13, 2024 |
| IPO price | ₹390 |
| Stock increase | 30% |
| Record High | ₹517 (28th November, 2024) |
| NSE premium | 7.7% |
| BSE premium | 5.64% |
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