HomeNewsBusinessMarketsIdeas For Profit | Delhivery IPO: Superlative Valuation Vs Strong Growth Opportunity | Should You Subscribe?

Ideas For Profit | Delhivery IPO: Superlative Valuation Vs Strong Growth Opportunity | Should You Subscribe?

Based on the upper end of the price band, Delhivery IPO is being valued at roughly 6 times of its sales. Investor sentiment has turned sour in the past few months and the prevailing macro conditions do not support a bullish outlook for companies with such fancy valuations. Watch the video to know what MC Pro recommends

May 11, 2022 / 19:57 IST
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Moneycontrol News
first published: May 11, 2022 07:57 pm

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