The rise in the Delhivery share price came after the company announced on April 5 that it had signed a definitive agreement to acquire a controlling stake in Ecom Express for about ₹1,400 crore
The acquisition will enable Delhivery to service customers of both companies better through investments in infrastructure, technology, network and people, according to the company's CEO
Upon completion of the acquisition, Ecom Express will become a subsidiary of Delhivery. The transaction is expected to be completed in six months
A total of 195 stocks hit fresh 52-week lows in intra-day trades on the BSE; off which among the top 500 shares Delhivery and Emcure Pharmaceuticals hit new all-time lows on Wednesday.
Delhivery share price: Delhivery share price was down today after analysts cut their earnings estimate on the stock, following a weak set of results for the December quarter
Q3FY25 company results, February 7: Edelweiss Financial, Delhivery, Sun TV, Ola Electric Mobility, and Dreamfolks Services will be among 234 companies releasing report for the Oct-Dec quarter
Delhivery launches Rapid Commerce, a sub-2-hour delivery service for D2C brands, expanding in Bengaluru with plans for more cities, enhancing customer experience and satisfaction
"Delhivery has launched Rapid Commerce - a sub-2-hour delivery service for brands looking to fulfill the increasing demand for faster order deliveries by consumers," the company's filing read
BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.
The expectations for service operating profit margin in PTL is set to reach 16-17 per cent, excluding yield improvements, driven by volume growth
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.
New-age stocks have zoomed up to 80% from Election Result day lows. Charts suggest PolicyBazaar, Paytm, Nykaa and Delhivery can rally another 12%; while Zomato and CarTrade may dip going ahead.
The Japanese conglomerate recorded a $394 million gross gain from its $199 million investment in Policybazaar, and gain of $285 million on its $397 million investment in Zomato
Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.
Most brokerages are positive about logistics company, expect it to sustain profits
Logistics firm Delhivery on Friday posted a profit after tax (PAT) of Rs 54 crore for June quarter FY25. In the year-ago period, the company incurred a loss of Rs 89 crore. Revenue in the quarter was Rs 2,172 crore. In the year-ago period, it was Rs 1,930 crore, the company said in a statement. Besides, EBITDA (earnings before income, taxes, depreciation and amortization) stood at Rs 97 crore in Q1FY25. In the year-ago period, EBITDA was Rs 13 crore. Delhivery, however, clarified that during Q1FY25, it had a one-time reduction of Rs 19 crore in employee benefit expense due to reversal of cost against unvested ESOPs of employees who exited the company. "Robust growth in PT (part truckload) and SCS (supply chain services) businesses and stable growth in express parcel continues and have enabled improvement in profitability as well," said Sahil Barua, Managing Director and Chief Executive Officer at Delhivery. PTL revenue was Rs 435 crore during the quarter as against Rs 347 crore a
Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery
Delhivery shares gained 2.8 per cent in the intraday trade to hit a high of Rs 403,65. The spike in Delhivery shares was registered after 23.4 million shares changed hands on the NSE and BSE
Stocks to watch on July 10: Emcure Pharmaceuticals' shares are scheduled to make their debut on the stock exchanges on Wednesday