Swiggy shares dip 7% to hit 52-week low, Zomato down 5%
Swiggy's shares dipped roughly 7% during the trading session on Tuesday to hit a 52-week low of ₹335.5 on the NSE. Meanwhile, rival Zomato's shares also plunged over 5%. The dip came after the food delivery platforms' weak performance in the October-December quarter of the current financial year. Benchmark indices Sensex and Nifty also tanked more than 1% on Tuesday.