Swiggy And Zomato Falter As Strike Hits Hard

Shares of Swiggy and Zomato’s parent, Eternal, fell about 2% after delivery partners called a nationwide strike. Today, Swiggy dropped to Rs 391.40, while Zomato slid to a five-month low of Rs 279.70. Investors fear disruptions during Christmas and New Year’s Eve could hurt operations and festive demand across platforms nationwide.