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Delhivery makes listless debut; opens 1% higher against issue price

The stock of logistics services provider got listed at Rs 493, 1.2 per cent higher against its issue price of Rs 487 per share on the BSE

Delhivery was, till recently, planning to launch an IPO, but experts believe those plans would be put on the backburner
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Delhivery was, till recently, planning to launch an IPO, but experts believe those plans would be put on the backburner

SI Reporter Mumbai
Logistics services provider, Delhivery, made a listless debut on the bourses on Tuesday, with its shares getting listed at Rs 493 on the BSE. This was 1.2 per cent higher against its issue price of Rs 487 per share. On the National Stock Exchange (NSE), the stock opened at Rs 495.20 per share.

So far, the stock has hit a high of Rs 497.95 and a low of Rs 487 in the intra-day trade on the BSE and NSE. At 10:01 am, Delhivery was trading at Rs 487.45, almost at par against its issue price. A combined 1.01 million

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First Published: May 24 2022 | 10:13 AM IST

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