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Saurab Jain

6th Sep · SEBI Registration INH000012838

Swiggy Shares Rise After ₹1,041 Crore Institutional Buying

Swiggy shares

SWIGGY
saw notable institutional buying on September 4, 2026, as BNP Paribas Financial Markets and Goldman Sachs Investments Mauritius I acquired shares worth a combined ₹1,041 crore through open-market transactions. BNP Paribas purchased around 1.78 crore Swiggy shares valued at ₹491.99 crore, while Goldman Sachs Investments Mauritius I bought approximately 1.98 crore shares worth ₹549.01 crore. Together, the transactions covered nearly 3.76 crore shares, equivalent to about a 1.36% stake, at ₹276.10 per share. Swiggy’s stock gained 2.53% during the trading session, closing at ₹276.10 amid strong volumes. The institutional activity has drawn fresh attention to the food-delivery and quick-commerce company. While large institutional purchases can improve market sentiment, investors should avoid treating them as an independent buy signal. Swiggy’s long-term outlook will depend on delivery growth, quick-commerce expansion, improving margins, cash-flow generation and progress toward sustainable profitability. For investors, execution and operational efficiency remain key factors to watch. Disclaimer: Investments in securities are subject to market risk. This is for informational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

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