Swiggy Demonstrates Strong Market Activity and Outperforms Sector Amid Increased 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 17,679,121 shares and a total traded value of approximately Rs 68,762.94 lakhs. The stock opened at Rs 388.8 and has shown significant movement, reaching a day's high of Rs 400.8, reflecting a 7.99% increase from its previous close.
Notably, Swiggy has outperformed its sector by 6.04% today, marking a strong performance as it has gained for three consecutive days, accumulating an impressive 8.58% return over this period. The stock opened with a gain of 2.6% and is currently trading at Rs 398.0, well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Investor participation has also surged, with a delivery volume of 1.08 crore shares on July 21, representing a 114.91% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 98,624.00 crore, Swiggy continues to demonstrate strong liquidity, supporting trade sizes of Rs 9.37 crore based on 2% of the 5-day average traded value. Overall, Swiggy's performance today highlights its strong market position and active trading dynamics.