Swiggy Shows Strong Trading Activity and Outperformance in E-Retail Sector

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 5,535,773 shares and a total traded value of approximately Rs 189.66 crores. The stock opened at Rs 335.4 and reached an intraday high of Rs 346, reflecting a notable increase of 3.84% from the previous close of Rs 333.2. As of the latest update, the last traded price stands at Rs 340.25.
In terms of performance, Swiggy has outperformed its sector by 3.08%, while the broader market, represented by the Sensex, has shown a modest return of 0.04%. The stock's 1-day return is recorded at 2.15, indicating a positive movement in its value.

Investor participation has also seen a rise, with a delivery volume of 1.03 crore shares on June 3, marking a 22.95% increase compared to the 5-day average. Additionally, the stock's liquidity remains robust, accommodating trade sizes of up to Rs 14.99 crores based on 2% of the 5-day average traded value.

Overall, Swiggy's performance today highlights its strong market position and active trading dynamics within the large-cap segment of the E-Retail industry.