Delhivery plans to improve working capital intensity; realising synergies from Spoton integrationThe Gurugram-based company also said it is benefitting from synergies following the integration of Spoton’s network with its own. It had ac...
27 Sep, 2023, 07.31 PM IST
Delhivery’s chief customer experience officer Abhik Kumar Mitra resignsMitra was the chief executive of Spoton — a logistics firm Delhivery acquired in 2021 before its initial public offering (IPO) for about $3...
21 Apr, 2023, 03.56 PM IST
Delhivery’s ecommerce shipments market share slips to 21% in FY23Delhivery's market share is expected to further fall to 19% by FY30, according to a report by brokerage firm Bernstein.
20 Apr, 2023, 06.11 AM IST
JM Financial initiates coverage on Delhivery with a target price of Rs 350Delhivery to continue holding its market share in express parcels with growth driven by rising online penetration in retail and the rise of...
22 Feb, 2023, 03.58 PM IST
Delhivery Q3 revenue falls 8% to Rs 1,823 croreLosses jumped 54% to Rs 195 crore from Rs 126 crore in the corresponding period last year.
10 Feb, 2023, 08.31 PM IST
Delhivery Q2 revenue jumps 19% to Rs 1,796 crore, losses narrow 60%The losses for the period narrowed 60% to Rs 254 crore from Rs 635 crore for the same quarter last year. The company’s expenses fell margin...
11 Nov, 2022, 10.38 PM IST
Delhivery stock hits record low, falls another 18% on muted guidanceIn a stock exchange filing on Wednesday, Delhivery said it was likely to see an adverse impact from high inflation and would clock moderate...
21 Oct, 2022, 08.06 PM IST
Logistics firm Delhivery forecasts moderate growth on inflationary concerns, stock plummets 15%The muted guidance from the company led to its share prices falling 15.59% closing at Rs 471 after it made a filing with the BSE on Wednesd...
20 Oct, 2022, 06.13 PM IST
Delhivery plunges over 15% after Q2 business update“While the festive season sale surge in shipment volumes will spill over to Q3FY22 as well, we anticipate moderate growth in shipment volum...
20 Oct, 2022, 02.14 PM IST
Should you buy, sell or hold Delhivery after three-fold rise in net loss in Q1?The logistics services provider reported a net loss of Rs 399 crore for the quarter ended June 30, a more than three-fold increase from the...
10 Aug, 2022, 06.33 PM IST
Sell Delhivery, target price Rs 484: ICICI SecuritiesPromoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 8.02 per cent, DIIs 6.83 per cent.
10 Aug, 2022, 10.51 AM IST
Delhivery’s net loss more than triples to Rs 399 crore in Q1Challenges in integrating Delhivery's partial truckload business with its acquisition of Spoton and the exit of Singapore-based ecommerce c...
09 Aug, 2022, 09.05 PM IST
Valuation a thorn but Delhivery IPO can be a long-term play, say analystsIn the IPO, Delhivery will issue fresh equity shares worth Rs 4,000 crore. Existing shareholders and promoters will offload shares worth Rs...
12 May, 2022, 09.28 AM IST
Delhivery to double down on organic and inorganic expansion after IPOSoftBank and Carlyle-backed Delhivery’s IPO subscription window will close May 13. The company has fixed a price band of Rs 462-487 per sha...
06 May, 2022, 05.02 PM IST
Don’t call Delhivery a consumer tech co; we are a tech-enabled brick & mortar biz: Sandeep Barasia“Logistics is core and essential to the economy and within that, we are a tech enabled play. It is fairly straightforward and so rather tha...
06 May, 2022, 10.03 AM IST
Sebi clears Delhivery IPO; top takeaways for potential investorsDelhivery is the largest and fastest growing 3PL (third-party) Express Parcel (and Heavy Parcel) delivery player in India by FY21 volume an...
18 Jan, 2022, 03.23 PM IST
Delhivery acquires Transition Robotics IncAll intellectual property registered in the US is assigned to Delhivery with this transaction, strengthening its capabilities in a wide ran...
08 Dec, 2021, 05.41 PM IST