Delhivery Ltd Sees 8.6% Intraday Decline with Rs 374.60 Lakhs Traded Today

Delhivery Ltd, a small-cap player in the Transport Services industry, has emerged as one of the most active equities today, with a total traded volume of 8,260,061 shares and a total traded value of approximately Rs 374.60 crores. The stock opened at Rs 470.00, reflecting a loss of 3.06% from the previous close of Rs 484.85. Throughout the trading session, Delhivery reached a day’s low of Rs 443.15, marking an 8.6% decline.
Despite the notable trading activity, Delhivery underperformed its sector by 5.05%, with a 1D return of -6.54%, contrasting sharply with the sector's return of -1.23% and the Sensex's marginal gain of 0.02%. The stock has experienced a trend reversal, falling after two consecutive days of gains.

Interestingly, the stock's liquidity remains robust, with a delivery volume of 46.84 lakhs on November 4, which represents a significant increase of 364.27% compared to the five-day average delivery volume. While the stock is trading above its 100-day and 200-day moving averages, it remains below the 5-day, 20-day, and 50-day moving averages. Overall, Delhivery's performance today reflects a challenging trading environment amid fluctuating market conditions.