Swiggy Ltd Surges with Rs 30,717.47 Lakhs in Trade Value Today

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 7,259,754 shares and a total traded value of approximately Rs 30,717.47 lakhs. The stock opened at Rs 419.25 and reached a day high of Rs 426.5, reflecting a 2.4% increase during the trading session. As of the latest update, the last traded price stands at Rs 421.2.
Notably, Swiggy's performance today has outpaced its sector by 1.83%, marking a significant turnaround after six consecutive days of decline. The stock's 1-day return is recorded at 2.08%, while the sector's return is just 0.28%, and the Sensex has seen a slight decrease of 0.05%.

In terms of moving averages, Swiggy's stock is currently above the 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day and 20-day averages. Additionally, there has been a notable increase in investor participation, with a delivery volume of 1.35 crore shares on September 29, up by 106.22% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 12.11 crore based on 2% of the 5-day average traded value.

Overall, Swiggy's performance today reflects a positive shift in market dynamics, showcasing resilience amid recent challenges.