There are limited near-term catalysts for the business and the share price is likely to remain range-bound
ICICI Securities is bullish on Delhivery has recommended buy rating on the stock with a target price of Rs 600 in its research report dated May 18, 2024.
Over the long run, the company is poised for growth on the back of a strong market position and an expanding consumer base
ICICI Securities is bullish on Delhivery recommended buy rating on the stock with a target price of Rs 500 in its research report dated January 03, 2024.
While the business offers great potential, most positives linked to the upside are already priced in. The road to profitability appears stretched and execution remains the key challenge
Emkay Global Financial is bullish on Delhivery has recommended buy rating on the stock with a target price of Rs 490 in its research report dated November 05, 2023.
ICICI Securities is bullish on Delhivery recommended buy rating on the stock with a target price of Rs 500 in its research report dated August 07, 2023.
Though it has a huge runway for growth, it faces the challenge of maintaining business momentum and generating substantial profits