Page 8 - Delhivery

Meesho eyes 1.2 bn shipments by next year using third-party logistics

SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players

Delhivery hits new high; soars 15% as Credit Suisse gives outperform rating

While announcing its Q4FY22 results, Delhivery said that majority of the investments made by the company in FY22 were towards capacity and capability building in the form of capex.

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

Should you buy or sell LIC, Delhivery shares?

The shares of LIC fell 3% yesterday. The stocks of Delhivery soared 2%. Both the companies came out with Q4 results yesterday. What should be the investment strategy for these recently-listed stocks?

Delhivery posts Rs 120 crore loss in Q4; should you sell or hold the stock?

For the full financial year ended 2022, the logistic tech company's net loss swelled to Rs 1,011 crore, compared to Rs 415.7 crore in the previous year.

Stocks to Watch: LIC, Delhivery, Sun Pharma, Vodafone Idea, IRCTC, SpiceJet

Stocks to Watch: Investors will react to LIC and Delhivery's Q4 numbers. The domestic GDP data for March quarter, slated to be released later today, will also be keenly monitored.

Delhivery Q4 net loss nearly flat at Rs 120 cr, revenue rises 106%

Express parcel volumes grew by 101%, far outstripping the industry volume growth of approximately 40%, the company said

Delhivery jumps over 10% post tepid debut: Should you hold or sell shares?

Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.

IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

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

Stocks to Watch: Zomato, Delhivery, SAIL, Ramco Cements, GAIL, BEL, Marico

Stocks to Watch: Grasim Industries, Adani Ports, JM Financials, Bank of India, Ipca Lab, Inox Wind, Jyothi Lab, and Metropolis Healthcare will be in focus ahead of their Q4 results today.

Logistics firm Delhivery tests mood for India IPOs after LIC's muted debut

Delhivery is set to list on Tuesday after an initial public offering (IPO) that raised Rs 5,235 crore ($684 million) - India's second-largest this year after LIC's milestone deal

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Market boom, success of global start-ups key drivers

Delhivery IPO subscribed 1.63x on QIB support, Venus Pipes subscribed 16.3x

The QIB portion of the Delhivery IPO garnered 2.66 times subscription, with bids worth Rs 4,385 cr. QIBs also invested Rs 2,346 cr through anchor book

Sensex falls 992 pts from day's high, ends 137 pts down; SBI sheds 5%

CLOSING BELL: SBI was the biggest laggard on the index, down nearly 5 per cent, as the lender's Q4 missed Street's estimates

Delhivery IPO fully subscribed despite challenging market conditions

The institutional investor portion of the Delivery IPO issue was subscribed for nearly two times

Delhivery IPO subscribed 23%; Venus Pipes sees 4.4 times subscription

Both the IPOs close on Friday. Delhivery's IPO size is Rs 5,235 crore, second-biggest after LIC this year

Stocks to Watch: CoForge, MRPL, Petronet, JSW Ispat, PNB, Birla Corp, PSBs

Stocks to Watch Today: Aditya Birla Capital, Apollo Tyres, GSPL, HCC, L&T, RBL Bank, Siemens and Tata Motors ahead of Q4 earnings; Prudent Corporate Advisory Services IPO to close on Thursday.

Top headlines: Ultratech's Ambuja bid, Delhivery may hit a valuation hurdle

Here are the top Business Standard headlines on Thursday

Delhivery may hit a valuation hurdle amid near term concerns: Brokerages

However, Delhivery's growth opportunities, its business model and revenue trajectory are positive triggers, say brokerages