Swiggy sinks 16% to record low as quick-commerce losses widen
Shares of Swiggy fell by 16.4% to ₹176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving profitability in its quick-commerce business. Analysts are questioning Swiggy's strategic choices...
Read more: https://economictimes.indiatimes.com/markets/stock...
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