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DELHIVERY STOCK DOWN
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectationsMotilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong ...
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
Delhivery elevates six executives to C-suite roles amid expansion pushLogistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Smallcap winners! Wockhardt, Tata Tech, CAMS, other stocks rally up to 11% despite overall market weaknessSmallcap stocks outperformed on Tuesday despite weak broader markets, with Wockhardt, Tata Tech and CAMS gaining up to 11% on strong Q4 ear...
TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
Iran war, earnings hit and more: Brokerages identify nearly 80 stocks from a battered Indian market for FY27Brokerages see the recent market correction driven by geopolitical tensions and rising oil prices as a buying opportunity, identifying near...
Delhivery shares rally 5% as Q1 profit jumps 68% YoY; Motilal Oswal raises target priceDelhivery share price: Delhivery posted a net profit of Rs 91 crore for the June quarter, supported by stable revenues and improved operati...
Delhivery Q1 Results: Net Profit surges 68% YoY to Rs 91 croreDelhivery reported a significant 68.5% year-on-year increase in net profit for the first quarter, reaching ₹91 crore, driven by efficient o...
Delhivery shares surge 2% as CCI approves Rs 1,407-crore Ecom Express dealThe Competition Commission of India has approved Delhivery's acquisition of Ecom Express. This deal is worth approximately Rs 1,407 crore. ...
Surfing the internet! How domestic fund houses played with new-age stocks in AprilDomestic fund houses have increased their stakes in most of the new-age internet stocks during the month of April. These funds have aggress...
Tiger Global sells 1.7% stake in Delhivery via open market for Rs 414 croreVenture capital firm Internet Fund III Pte, through which Tiger Global, holds a stake in the logistics services provider, sold 1,23,63,060 ...
Delhivery tanks over 5% to hit record lowThe risk-reward skew at current market price is very attractive in our view (5.3:1); while we acknowledge growth has been slowing in e-comm...
Delhivery hits 52-week low on lock-in expiryIt estimates Delhivery to reduce adjusted EBITDA losses significantly (almost breakeven in Q3FY23E) and return to adjusted EBITDA profitabi...
Delhivery share price: what was the company forecast that caused the rout?Delhivery shares are trading at Rs 386.95 apiece, down nearly 18% from their previous close on the BSE
Sensex rises! But these stocks fell 5% or more in Friday's sessionIn the Nifty pack, 19 stocks closed in the green, while 31 stocks ended in the red.
Sensex rises! But these stocks are down 5% or more on BSEIn the Nifty pack, 28 stocks were trading in the green, while 21 stocks were trading in the red.
After a rout in new-age players, can Delhivery's IPO be a litmus test for other startups?Dalal Street analysts believe that after the recent rout in IPO or platform-based stocks, Delhivery IPO will test the relish for other upco...