Swiggy Stock Plunges 30%, But FIIs, DIIs, and Cyrus Poonawalla Buy Big

Share Market
C
CNBC Awaaz•06-01-2026, 07:04
Swiggy Stock Plunges 30%, But FIIs, DIIs, and Cyrus Poonawalla Buy Big
- •Swiggy's stock has fallen by 30% over the past year, closing at Rs 378 on January 5, 2026, disappointing retail investors.
- •Despite the price drop, Foreign Institutional Investors (FII) increased their stake from 4.9% to 12.68% between March and December 2025.
- •Domestic Institutional Investors (DII) also significantly raised their holdings from 9.33% to 24.47% in the same period.
- •Retail investors, however, reduced their stake from 18.14% to 8.75%, selling off shares due to continuous price pressure.
- •Prominent industrialist Cyrus Poonawalla, founder of Serum Institute of India, bought approximately 1.1 million Swiggy shares via a block deal on January 5, 2026, signaling confidence.
Why It Matters: Despite Swiggy's 30% stock drop, FIIs, DIIs, and Cyrus Poonawalla are buying, signaling long-term confidence.
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