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Amazon’s rapid delivery push triggers $15-billion rout for Eternal, Swiggy

While Eternal has slipped 28% from its October all-time high as of Thursday’s close, Instamart’s owner Swiggy has plunged about 47% from its recent peak in September; that adds up to a selloff of more than $15 billion for the duo

The Hindu BusinessLine·
AI summary

While Eternal has slipped 28% from its October all-time high as of Thursday’s close, Instamart’s owner Swiggy has plunged about 47% from its recent peak in September; that adds up to a selloff of more than $15 billion for the duo

What happened

While Eternal has slipped 28% from its October all-time high as of Thursday’s close, Instamart’s owner Swiggy has plunged about 47% from its recent peak in September; that adds up to a selloff of more than $15 billion for the duo

Why it matters

This business report is being tracked from The Hindu BusinessLine because it may affect readers, markets, policy, culture, or daily decisions.

Key facts
  • Category: business
  • Edition: IN
  • Fetched: Mon, 29 Jun 2026 07:17:35 GMT
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