Swiggy shares dropped over 7% to near record lows after the company proposed capping foreign ownership at 49.5%, which may lead to passive fund outflows and potential removal from global indices. The stock has fallen 41% over the past year.
Swiggy shares dropped over 7% to near record lows after the company proposed capping foreign ownership at 49.5%, which may lead to passive fund outflows and potential removal from global indices. The stock has fallen 41% over the past year.
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