Swiggy Ltd Sees Surge in Trading Activity Amid Strong Market 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 14,440,107 shares and a total traded value of approximately Rs 52.34 crores. The stock opened at Rs 361.00 and reached a day high of Rs 364.50, while the day low was recorded at Rs 357.10. As of the latest update, the last traded price stands at Rs 362.25.
In terms of performance, Swiggy has outperformed its sector by 0.33% today, marking a 1.14% return for the day. Notably, the stock has shown a consecutive gain over the last two days, accumulating a total return of 9.51% during this period. The stock's moving averages indicate that it is currently above the 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages.

Investor participation has also seen a significant uptick, with delivery volume on June 4 rising by 97.98% compared to the 5-day average. The liquidity of the stock is robust, supporting a trade size of Rs 21.57 crores based on 2% of the 5-day average traded value. Overall, Swiggy's performance today reflects a strong market presence and active trading dynamics.