Swiggy Shares Jump as 10-Minute Delivery Service 'Bolt' Expands to 500+ Cities

Swiggy’s stock rose over 5% on May 5 after it announced that its 10-minute delivery service, Bolt, has expanded to more than 500 cities in India. This boost came right after rival Eternal (formerly Zomato) exited the quick delivery space. Launched in October 2024, Bolt now handles over 10% of Swiggy’s food orders. It offers fast delivery by limiting the delivery radius and partnering with top chains like KFC, McDonald’s, and local favorites. Swiggy says Bolt is popular in both big cities and smaller towns and is built for people who want food fast without sacrificing quality. #sharemarket #stockmarket #nifty #trading #stockmarketindia #investing #sensex #nse #bse #stocks #investment #sharemarketindia #stockmarketnews #banknifty #indianstockmarket #money #finance #sharemarketnews #intraday #investor #stockmarketinvesting #intradaytrading #business #niftyfifty #stock #sharemarkettips #share #india #trader #dalalstreet