Swiggy Sees Increased Investor Activity Amid Mixed Trading Performance

Swiggy Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active equities today, with a total traded volume of 4,016,617 shares and a total traded value of approximately Rs 170.65 crores. The stock opened at Rs 431.85 and reached a day high of Rs 431.85, but also experienced a decline, touching an intraday low of Rs 421.2, reflecting a decrease of 3.33% from its previous close of Rs 435.7.
Despite this downturn, Swiggy is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. However, it has underperformed its sector by 2.14% today, with a 1D return of -2.34%, compared to the sector's return of -0.55% and the Sensex's return of -0.44%.

Notably, there has been a significant increase in investor participation, with delivery volume rising by 141.46% against the 5-day average. The stock remains liquid enough for a trade size of Rs 17.03 crores, based on 2% of the 5-day average traded value. Overall, Swiggy's performance today reflects a mix of volatility and sustained interest in the stock.