Swiggy Shows Strong Trading Activity Amid Declining Investor Participation

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 21,757,408 shares and a total traded value of approximately Rs 89,161.86 lakhs. The stock opened at Rs 418.0 and reached a day high of Rs 429.9, while the day low was recorded at Rs 405.7. As of the latest update, the last traded price stands at Rs 418.55.
In terms of performance, Swiggy has outperformed its sector by 1.47%, showcasing resilience amid broader market trends. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price trajectory. However, it is noteworthy that investor participation has seen a decline, with delivery volume dropping by 77.31% compared to the 5-day average, totaling 27.94 lakhs on July 25.

With a market capitalization of Rs 1,01,691.00 crore, Swiggy remains a significant entity in the large-cap category. The stock's liquidity is adequate for trading, with a trade size of Rs 25.46 crore based on 2% of the 5-day average traded value. Overall, Swiggy's performance today reflects a complex interplay of strong trading activity and reduced investor participation.