Page 7 - Delhivery

Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt

With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022

Delhivery plunges 13%; co sees moderate shipment volume growth in FY23

The logistics solution provider said it anticipate moderate growth in shipment volumes through the rest of the financial year.

Logistics stks price in most positives; no near-term upside seen: Analysts

The new logistics policy aims to trim the costs to single digits, from 13-14 per cent of the GDP at present, by 2030

Logistics firm Delhivery to create 75,000 seasonal jobs in next six weeks

Self-employed persons, students, retired professionals, other job seekers may sign up as last-mile agents; they only need a two-wheeler, valid driving license and smartphone

Delhivery plans to hire over 75,000 employees to expedite parcel sortation

Logistics firm Delhivery on Friday announced its plans to hire over 75,000 staff for seasonal jobs over the next one-and-a-half month and expand its parcel sortation capacity by 1.5 million shipments per day. Of these, over 10,000 people will be off-roll employees across Delhivery's gateways, warehouses, and last-mile delivery, the company said. The hiring is aimed at meeting the expected higher volumes in both parcels and express part-truck load business during the festive season, it added. The company's fully-automated mega gateway, which is equipped with the automated parcel and hub sortation at Tauru became operational in April this year. The company said it will also double down on its various partner programmes by onboarding individual bikers, local retailers, business partners and transporters with plans to roll out a revenue payout of Rs 150-crore across all programmes. Delhivery said it will hire 50,000 last-mile agents under its Last-Mile Agent programme alone, which off

Analysts bearish on Delhivery as volumes, integration costs weigh on Q1

Analysts, which expect improvement in the second half, are currently bearish on the stock

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Delhivery Q1 results: Net loss widens to Rs 399 cr; total income rises 32%

The firm's total income rose 32% to Rs 1,795 crore in Q1FY23

Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.

Institutional investors pushing back more on top executive pay hikes

Rejection of resolutions on remunerations rises; investors becoming more discerning, say experts

Delhivery enters top 100 most-valued firms' club; m-cap tops Rs 50,000 cr

At 01:58 PM, Delhivery commanded a market-cap of Rs 50,382 crore, and ranked 95th in the overall m-cap ranking list, BSE data shows

Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022

The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn

Delhivery hits highest level since listing, stock surges 36% in one month

Shares of Delhivery surged 7 per cent to Rs 635 on the BSE in Tuesday's intraday trade on healthy business growth outlook

Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds

Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.

Institutional shareholders vote against logistics firm Delhivery's ESOP

Majority say no to the plan; new-age companies have faced similar hurdles

Indian startups raised $6.9bn in the June quarter, down 33% sequentially

They raised $6.9 bn in Q2CY22 against $10.3 billion raised in Q1CY22; funding winter is a result of the market slowdown

Delhivery set to expand infra footprint in Greater Mumbai, Bengaluru

Ties up with Welspun for a 700,000 sq ft mega-gateway in Greater Mumbai, and with GMR for one million-plus sq ft in Bengaluru; both will be operational by 2023

Stocks to Watch: eMudhra, REC, Voda Idea, TVS Motor, HUL, Delhivery, YES Bk

Stocks to Watch Today: ICICI Bank and Axis Bank too will be in focus as global rating agency Moody's has upgraded the two private bank's baseline credit assessments (BCA) and deposit ratings to "baa3"

Street signs: Will Nifty sustain 15,000 levels, QSRs underperform, and more

Shares of logistics major Delhivery may come under pressure on Monday as a freeze on shares allotted to anchor investors ends

Logistics firm Delhivery to provide same-day delivery in 15 cities

Service will improve consumer experience and reduce return rates, says company that recently launched an IPO