Delhivery Ltd Trades 5.34 Million Shares, Ranking Among Today's Most Active Equities

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 5,340,147 shares and a total traded value of approximately Rs 239.69 crores. The stock opened at Rs 449.1 and reached a day high of Rs 454.15, before settling at a last traded price of Rs 451.85, reflecting a 1.41% increase for the day. This performance marks a notable trend reversal, as the stock has gained after three consecutive days of decline.
Despite this positive movement, investor participation has shown signs of falling, with delivery volume on October 16 dropping by 42.62% compared to the five-day average. The stock's liquidity remains robust, with a trading capacity sufficient for a trade size of Rs 2.32 crores, based on 2% of the five-day average traded value.

In terms of moving averages, Delhivery's stock price is currently above the 100-day and 200-day moving averages, yet below the 5-day, 20-day, and 50-day averages. Notably, the stock has outperformed its sector by 0.98%, while the broader market, represented by the Sensex, recorded a modest gain of 0.13%. Overall, Delhivery's performance today reflects a complex interplay of market dynamics and investor behavior.