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SBI Mutual Fund raises Swiggy stake above 5% after Rs 300 Cr share purchase

SBI Mutual Fund has increased its stake in food delivery and quick commerce major Swiggy to over 5% after acquiring an additional 1.18 crore shares through a market purchase on September 29.

Tarun Mottlia

Via Entrackr

·Excerpt
SBI Mutual Fund raises Swiggy stake above 5% after Rs 300 Cr share purchase
Image: Entrackr

SBI Mutual Fund has increased its stake in food delivery and quick commerce major Swiggy to over 5% after acquiring an additional 1.18 crore shares through a market purchase on September 29.

New Update

SBI Mutual Fund has increased its stake in food delivery and quick commerce major Swiggy to over 5% after acquiring an additional 1.18 crore shares through a market purchase on September 29.

The acquisition is valued at around Rs 300 crore, based on Swiggy’s closing price…

Continue reading on Entrackr ↗

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This story was originally published by Entrackr. All rights belong to the original publisher.

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