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Akhilesh Jat SEBI RA

5th Sep · SEBI Registration INH000016649

Swiggy Gains 2.5% as BNP, Goldman Buy ₹1,041 Crore Stake

BNP Paribas and Goldman Sachs acquired ₹1,041 crore worth of Swiggy shares in open-market deals, highlighting strong institutional interest. Swiggy Ltd. (NSE:

SWIGGY
) witnessed significant institutional activity on September 4, 2026, with BNP Paribas Financial Markets and Goldman Sachs Investments Mauritius I together acquiring shares worth more than ₹1,041 crore through open-market transactions. BNP Paribas purchased 1.78 crore shares worth ₹491.99 crore, while Goldman Sachs Investments Mauritius I acquired 1.98 crore shares worth ₹549.01 crore. Combined, the purchases amounted to approximately 3.76 crore shares, representing a 1.36% stake in Swiggy, at ₹276.10 per share. The timing of the transactions is noteworthy. Swiggy shares gained 2.53% to ₹276.10 during the session, accompanied by strong trading volumes, indicating heightened institutional participation. For investors, the transactions highlight growing interest from large institutional players. However, such purchases should not be viewed as a standalone fundamental buy signal. Market participants may continue to monitor management commentary, delivery growth, profitability trends, cash flow metrics and the company's ability to scale its quick-commerce business while improving operational efficiency. The institutional buying activity has strengthened market attention on the stock, but the longer-term investment case will continue to depend on Swiggy's execution and progress toward sustainable profitability. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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