Swiggy Jump 5.5% After Foreign Holding Falls Below 50%
India, July 7 -- Shares of Swiggy surged as much as 5.5% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen below the 50% mark.
In an exchange filing, Swiggy said aggregate foreign investment, including foreign portfolio investment (FPI), foreign direct investment (FDI) and other indirect foreign holdings, stood at 49.76% of its paid-up equity share capital on a fully diluted basis as of July 6, 2026, based on depository data.
Following the announcement, the company's shares, which were trading in the green, jumped further to reach an intraday high of Rs.264 on the BSE. At 14:23 IST, the stock was trading 5.2% higher at Rs.262.30.
Notably, the compa...
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