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. The acquisition is valued at around Rs 300 crore, based on Swiggy’s closing price of Rs 253.70 on September…