Swiggy Experiences Surge in Trading Activity Amid Strong Performance Trends

Swiggy Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active stocks today, with a total traded volume of 82,273,533 shares and a total traded value of approximately Rs 340.79 crores. The stock opened at Rs 405.00, reaching a day high of Rs 426.30 before settling at a last traded price of Rs 418.00. This marks a slight decline of 0.64% for the day, while the sector overall saw a modest gain of 0.08%.
Swiggy has shown a strong performance trend, gaining for four consecutive days and achieving an impressive 8.23% return over this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trajectory. Notably, the delivery volume on July 22 reached 3.18 crore shares, reflecting a significant increase of 446.46% compared to the 5-day average delivery volume, highlighting rising investor participation.

With a market capitalization of Rs 1,03,985 crores, Swiggy continues to demonstrate liquidity, supporting trade sizes of Rs 21.66 crores based on 2% of the 5-day average traded value. Overall, Swiggy's performance today reflects its strong market position and active trading dynamics.