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Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with Instamart

Economic Times Retail RSS·23 Oct 2026
Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with Instamart

Swiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery growth. Following Q2 results, brokerages cut their price…

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