(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.

Shares of Indian food delivery giant Swiggy rose over 15% on their trading debut. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, making it the country's second-largest listing this year. Shares of Indian food ...

Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per cent on day two of trading on Thursday. The stock tumbled 5.72 per cent to ₹ 429.85 apiece on the BSE. During the day, it lost 8.18 per cent to ₹ 418.65.