Swiggy Shares Up 3% After HC Relief

Karnataka High Court extended interim stay on CCI antitrust proceedings against Swiggy, citing concerns over untested third‑party statements.
Swiggy stock rose nearly 3% on BSE, trading at Rs 291.5, up over 2% from previous close of Rs 283.85.
The relief, initially granted on 17 March, has been extended multiple times and will remain in force until the next hearing on 25 April.
Swiggy reported Q3 FY26 revenue up 54% YoY to Rs 6,148 crore, while net loss widened 33% to Rs 1,065 crore.