Delhivery Ltd Shows Significant Trading Activity Amidst Volatility and Strong Performance Metrics

Delhivery Ltd, a prominent player in the Transport Services industry, has emerged as one of the most active equities today, with a total traded volume of 27,789,293 shares and a total traded value of approximately Rs 98.25 crore. The stock opened at Rs 335.85, reflecting a gain of 4.68% from the previous close of Rs 320.85. Throughout the trading session, Delhivery reached an intraday high of Rs 367.70, marking a significant increase of 14.6%.
The stock has demonstrated strong performance metrics, outperforming its sector by 10.75%. It has traded within a wide range of Rs 35.4 today, indicating notable volatility. Additionally, Delhivery is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust trend in its price movement.

However, there has been a decline in investor participation, with delivery volume dropping by 65.04% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 1.14 crore, based on 2% of the 5-day average traded value. Overall, Delhivery's performance today reflects significant activity and resilience in the market.