Swiggy Experiences Surge in Trading Volume Amid Active Market Participation

Swiggy Ltd, a prominent player in the E-Retail and E-Commerce sector, has shown significant trading activity today, making it one of the most active equities by volume. The stock, trading under the symbol SWIGGY, recorded a total traded volume of 5,498,616 shares, with a total traded value of approximately Rs 18,839.36 lakhs.
Opening at Rs 335.4, Swiggy reached an intraday high of Rs 346, reflecting a 3.84% increase, while the day's low was Rs 335.1. The last traded price stood at Rs 340.5, marking a 2.15% return for the day, which notably outperformed the sector's return of -0.06% and the Sensex's return of 0.04%.

In terms of moving averages, Swiggy's current price is above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. Additionally, the stock has seen a rise in investor participation, with a delivery volume of 1.03 crore shares on June 3, up by 22.95% compared to the 5-day average. With a market capitalization of Rs 83,138 crore, Swiggy continues to demonstrate robust liquidity, suitable for trades around Rs 14.99 crore. Overall, Swiggy's performance today highlights its active market presence and resilience in the current trading environment.