Swiggy gains on foraying into professional services market with launch of Pyng
Swiggy is currently trading at Rs. 338.80, up by 2.65 points or 0.79% from its previous closing of Rs 336.15 on the BSE.
The scrip opened at Rs. 337.05 and has touched a high and low of Rs. 343.35 and Rs. 335.00 respectively. So far 52102 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 617.00 on 23-Dec-2024 and a 52 week low of Rs. 305.80 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 347.55 and Rs. 331.15 respectively. The current market cap of the company is Rs. 77523.13 crore.
The Institutions and Non-Institutions held 13.93% and 86.07% stake respectively in the company.
Swiggy has launched a new consumer app -- Pyng, an AI-driven platform designed to simplify access to thousands of verified professionals across 100+ specializations. Swiggy has forayed into the growing professional services market through the Pyng platform.
Pyng is an online marketplace designed to address the increasing yet unmet demands of urban consumers who are often overwhelmed by endless online searches for reliable, skilled professionals. By leveraging advanced AI, a curated network of experts, and a customer-centric approach, Pyng aims to make access to verified professionals more efficient, and dependable. Powered by AI, Pyng simplifies users’ lives by enabling the quick and seamless discovery of verified professionals, all within a secure, spam-free environment. The platform also offers a money-back guarantee in case users do not find value in the service.
Swiggy is a consumer-first technology company offering users an easy-to-use convenience platform - to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery network.
