Page 5 - Delhivery

India's startups add gains of $400 mn to SoftBank's Vision Fund in Q1

In the quarter ending March 2023, these four listed startups in SoftBank's portfolio together added over $100 million to the Vision Fund

Market share, margin gain hopes could drive further gains in Delhivery

The key takeaway in the quarter was the 19 per cent y-o-y growth in express parcel volumes and a 14 per cent rise in revenues of the segment

Exploring settlement with logistics company Delhivery: Go First tells NCLT

The matter will now be heard in the third week of August

Delhivery, Craftsman Automation: Strategies for stocks amid block deals

Shares of Delhivery and Craftsman Automation may rise up to 15% and 12%, respectively, show technical charts

Carlyle Group sells 18.4 million shares of Delhivery for Rs 710 crore

Shares of Delhivery closed at Rs 386.65, down 0.5 per cent.

PE firm Carlyle offloads its entire stake in Delhivery for Rs 709 cr

US-based private equity firm Carlyle on Thursday offloaded its entire 2.53 per cent stake in supply chain company Delhivery for Rs 709 crore through open market transactions. BNP Paribas Arbitrage, Norges Bank, Societe Generale, Saudi Central Bank, Washington State Investment Board, Lockheed Martin Corporation Master Retirement Trust, Morgan Stanley Mauritius Company, Goldman Sachs (Singapore) Pte, Tokio Marine Life Insurance Singapore and AIA Singapore, among others, were the buyers of shares. Carlyle through its special-purpose vehicle CA Swift Investments sold the shares of Delhivery in 11 tranches. CA Swift Investments offloaded a total of 1,84,04,607 shares, amounting to 2.53 per cent stake in Delhivery, as per the block deal data available with the BSE. The shares were sold at an average price of Rs 385.5 apiece, taking the transaction value to Rs 709.50 crore. The US-based investment firm was holding a 2.53 per cent stake in the supply chain company, shareholding data for t

Carlyle to sell its entire 2.53% stake in logistics firm Delhivery

Carlyle plans to sell Delhivery's 1.84 crore shares at a floor price of Rs 385.50 apiece

NCLT issues notice to Go First resolution professional on Delhivery plea

Insolvency tribunal NCLT on Thursday issued a notice to the Interim Resolution Professional (IRP) of crisis-hit airlines Go First over a plea filed by supply chain company Delhivery. In its plea, Delhivery had alleged Go First's insolvency process as a sham and said the airline took payments of Rs 57 lakh from Delhivery on May 2, the day it filed for insolvency. The airline took payments despite knowing that it was filing for voluntary insolvency before NCLT, Delhivery said. A two-member bench of the National Company Law Tribunal (NCLT) directed the IRP to file a reply within two weeks and listed the matter on July 24 for the next hearing. Go First is presently going through Corporate Insolvency Resolution Process (CIRP). The NCLT on May 10 admitted the plea of Go First to initiate voluntary insolvency resolution proceedings and appointed Abhilash Lal of Alvarez & Marsal as IRP of the airline. Delhivery has requested the tribunal to allow it as an intervener in the company ...

Analysts cautiously positive on new age stocks despite improved Q4 metrics

Analysts say that investors with a high-risk appetite can consider accumulating these stocks but only on declines

Gains in Delhivery dependent on a sustained improvement in margins

Increasing volumes while cutting costs would be a major challenge

Delhivery to make a strategic investment in retail tech firm Vinculum

Through this investment, the two companies will build a complete integrated stack to address the entire range of post-purchase needs of a D2C brand

Delhivery consolidated loss widens to Rs 159 crore in March-quarter

The company's consolidated total income from operation fell by 9 per cent to Rs 1,934 crore for the March quarter as compared to Rs 2,127 crore in the year-ago period

Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks

Stock Market Live on May 19, 2023: NTPC, Power Grid, Punjab National Bank, JSW Steel, Zomato, Glenmark Pharma and Delhivery will be on the radar ahead of their Q4 nos

Stocks to Watch today, May 19: ITC, Thomas Cook, Zomato, Nexus REIT, IndiGo

Stocks to Watch on Friday: ITC Limited reported a 21.4 per cent YoY growth in standalone net profit at Rs 5,086.9 crore for the March quarter

Stocks to Watch: TCS, HDFC Bank, Adani Ent, Sugar, Paras Defence, BHEL

Stocks to watch today: Lenders of debt-ridden Reliance Capital (RCap) have fixed April 26 as the new date for the second auction. As per the earlier schedule, it was to be held on April 11

Tiger Global Management offloads Delhivery's shares for Rs 388 crore

Tiger Global Management on Tuesday offloaded shares worth Rs 388 crore of supply chain player Delhivery through an open market transaction. Internet Fund III Pte, a fund managed by US-based private equity firm Tiger Global Management, sold the shares of Delhivery. According to the bulk deal data available with BSE, Internet Fund III Pte offloaded more than 1.17 crore shares amounting to 1.6 per cent stake in the company. The shares were sold at an average price of Rs 330 apiece, taking the transaction value to Rs 387.87 crore. Details about the buyers of the shares could not be ascertained. As of December quarter, Tiger Global held a 4.68 per cent stake in the firm. Shares of Delhivery closed 0.82 per cent up at Rs 330.80 per piece on BSE. In a separate transaction, PGIM India Mutual Fund (PGIM India MF) sold shares of Sagar Cements for Rs 110 crore through an open market transaction. PGIM India MF offloaded 60,39,698 shares of the firm at an average price of Rs 183.1 per piec

Investment giant Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

According to data available at the Bombay Stock Exchange (BSE), SoftBank sold shares worth Rs 954 crore in Delhivery in a bulk deal at Rs 340 apiece

Softbank arm SVF Doorbell sells 3.8% stake in Delhivery to raise Rs 954 cr

Delhivery had come out with a Rs 5,235 crore IPO in May 2022

Delhivery slips over 1% as 28 million shares exchange hands via block deal

At 09:15 am; around 28 million equity shares, which represented 3.8 per cent of total equity shares of Delhivery changed hands on the BSE, shows data

Stocks to watch: Bharti Airtel, Delhivery, Zydus Life, Axis Bank, BEL, SBI

Stocks to watch today: From Bharti Airtel to Delhivery, here are top stocks to watch in Wednesday's trading session.