SBI Mutual Fund buys 1.18 crore more Swiggy shares
In short
SBI Mutual Fund bought another 1.18 crore Swiggy shares through open market trades. The purchase was said to be worth about ₹300 crore.
This matters because it shows more big-fund interest in Swiggy. The reporting does not say when the trades happened or why the fund bought more.
What the reporting says
SBI Mutual Fund, through its various schemes, acquired an additional 1.18 crore equity shares of Swiggy via open market transactions, according to a publisher-supplied summary. The available reporting says the purchase was worth about ₹300 crore and shows the fund doubling down on the stock. It is not stated when the trades were made beyond the source summary, or whether the buying was part of a larger strategy.
Why it matters
SBI Mutual Fund, through its schemes, added 1.18 crore Swiggy equity shares in open market transactions, according to the summary. The reported value is about ₹300 crore. The move may matter for Swiggy shareholders and market watchers tracking institutional demand, but the reporting does not say which schemes bought the stock, why they bought it, or whether more purchases are planned.