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swiggy share price: Swiggy shares fall over 9% as Zomato numbers spoil near-term outlook

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Swiggy shares fell up to 9.55% to Rs 433.25 on BSE in the morning session on Tuesday after peer Zomato surprised investors by reporting a slowdown in the food delivery business. The Q3 miss led brokerages to downgrade Zomato shares as well as cut target prices.

Zomato shares fell 11% to Rs 214 on…

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