SBI Mutual Fund Adds โน300 Crore in Swiggy Shares, Signalling Fresh Institutional Conviction
SBI Mutual Fund has increased its stake in Swiggy by buying an additional 1.18 crore equity shares through open market transactions, a purchase valued at roughly โน300 crore. The move underscores continued institutional interest in the food delivery and quick commerce platform even as listed investors weigh growth prospects against profitability pressures in Indiaโs consumer internet sector.
