JM Financial cites Eternal case impacting Swiggy's index inclusion

JM Financial cites Eternal case precedent on global index weights for Swiggy. The brokerage notes that index providers may delay inclusion of Indian unicorns like Swiggy due to governance concerns. No immediate impact on operations, but investor sentiment could be affected. Watch for clarity on corporate structure.

📊 STOCKS: SWIGGY | 🏢 SECTOR: Consumer | #LOWIMPACT #Swiggy