Swiggy shares rise 7% after Q2 losses shrink 5%, revenue jumps 30%
Shares of Swiggy jumped around 7% on Wednesday after the food and grocery delivery platform announced its July-September quarter (Q2) results on Tuesday. The shares hit an intraday high of ₹534.85 in early trade. The company reported 30% annual rise in revenue to ₹3,601 crore, and 5% fall in net losses to ₹626 crore in Q2.