Swiggy Sees Increased Trading Activity Amid Sector Rebound and Investor Fluctuations

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 3,097,944 shares and a total traded value of approximately Rs 12,968.92 lakhs. The stock opened at Rs 416.95 and reached a day high of Rs 422.7, reflecting a 2.57% increase from its previous close of Rs 409.75. As of the latest update, the last traded price stands at Rs 421.05.
Today’s performance indicates that Swiggy has outperformed its sector by 0.6%, marking a trend reversal after two consecutive days of decline. The stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. Notably, investor participation has seen a decline, with delivery volume dropping by 77.35% compared to the 5-day average.

With a market capitalization of Rs 1,02,177.00 crore, Swiggy continues to demonstrate liquidity, supporting a trade size of Rs 31.16 crore based on 2% of the 5-day average traded value. Overall, Swiggy's performance today reflects a significant rebound amidst fluctuating investor activity.