Swiggy Q2 Results LIVE: Stock ends lower after the company reports net loss

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HomeMarket NewsSwiggy Q2 Results LIVE: Stock ends lower after the company reports net loss

Swiggy Q2 Results LIVE Updates: Food delivery aggregator Swiggy Ltd. will be reporting its first quarterly results after it became a public company last month on Tuesday, December 3. The results will also be in focus specifically for the profitability parameter and the fact that the company's shares have run up significantly ahead of the results.

 Stock ends lower after the company reports net loss

Swiggy Q2 Results LIVE Updates: Food delivery aggregator Swiggy Ltd. will be reporting its first quarterly results after it became a public company last month on Tuesday, December 3. The results will also be in focus specifically for the profitability parameter and the fact that the company's shares have run up significantly ahead of the results. The stock now trades at levels of ₹500, well above its IPO price of ₹390. Multiple brokerages have also come out with reports on Swiggy and its prospects going forward. Alongside the results, management commentary on instamart, genie and other aspects of the business will also be watched for, specially because of the rapid growth in the quick-commerce space and the expansion plans of Zomato's Blinkit. We will keep you posted on all the live updates right here.

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