Swiggy's Shares saw Multiple Block Deals Today

June 23, 2025, 02:15 p.m.- Swiggy Ltd. shares showed resilience on Monday, recovering from early losses sparked by heavy trading volumes. But it ended the day today, down by 0.92%, at Rs 385.90.

The climb was fueled by multiple bulk deals made earlier in the day. The company’s stock witnessed a 110.79 lakh share traded at traded value of ₹429.81 crore. The deliverables totalled over forty per cent of the traded quantity, reflecting active investor participation.

The stock opened at ₹385.85 and initially dipped to ₹378.05, marking a 2.94% decline. However, strong buying interest lifted the price to ₹392.40 by 12:43 p.m., registering a 0.74% intraday gain.

Over 110 Lakh Shares Traded, Bulk Deals in Focus

The surge in activity followed multiple bulk deals involving 6,20,728 shares traded within the range of ₹380 to ₹389 earlier in the day. According to exchange data, the total traded volume by mid-day stood at 110.79 lakh shares, with a traded value of ₹429.81 crore. Deliverables accounted for 41.77% of the traded quantity, suggesting substantial investor participation.

Intraday Volatility Captured in Chart

As shown in the intraday chart, Swiggy stock experienced sharp fluctuations during early trade, dipping below ₹380 before climbing steadily past ₹390. The recovery gathered pace after 10 a.m., with the stock maintaining a positive trajectory throughout the late morning session.

Market Metrics and Key Levels

• Day’s Range: ₹378.05 to ₹394.00
• VWAP: ₹387.96
• 52-Week High / Low: ₹617.30 / ₹297.00
• Market Cap: ₹97,850.70 crore
• Free Float Market Cap: ₹15,221.91 crore
• Daily Volatility: 2.56%
• Annualised Volatility: 48.91%
• Applicable Margin Rate: 20.09%

The order book at 12:43 p.m. showed a buy quantity of over 10 lakh shares versus a sell quantity of nearly 13.5 lakh, indicating active interest on both sides of the trade.

Recently Listed and Actively Traded

Swiggy, listed on November 13, 2024, is currently part of the Nifty Next 50 index and operates under the E-Retail/E-Commerce sector. Despite zero EPS in the trailing four quarters, the stock has seen significant price swings, with close-to-close movements exceeding 25% in the past month.

Outlook

The swift recovery from the day’s low suggests investor confidence remains intact despite the initial pressure from large trades. Swiggy’s liquidity, as reflected by the high traded volumes and active order book, positions it as one of the closely watched counters in the market.

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