Delhivery

June 08, 2023 05:28 PM IST

MC Exclusive: Go First's sole intent is to hijack insolvency process, Delhivery alleges in plea

The plea, which Moneycontrol has reviewed, notes that Go First received Rs 57 lakh on May 2, the day it filed for insolvency, despite being aware that it may not be able to render the services even in the future as Go First does not have operable fleet in its own admission.

Delhivery gains as Macquarie remains bullish on higher volumes

The research house has stuck to its “outperform” rating with target price of Rs 460 a share, saying it sees higher volumes and market share gains

Kotak retains ‘buy’ on Delhivery, says firm’s network strengths to boost performance

Kotak said Delhivery’s ‘mesh’ network makes more sense for a logistics market as dynamic and spread out as India's.

Radico Khaitan — Promising market position at a steep valuation

While a gradual recovery in margins is expected, debt to rise further

If deals come true! What fills the hole for Delhivery, Gati and Allcargo Logistics?

Delhivery is said to be in talks to buy Allcargo Logistics’ stake in express distribution and supply chain solutions company Gati. Investors are wondering what a deal, if it actually happens, would mean for these three logistics players.

MF romance with logistics deepens with Delhivery, but fizzles out for Gati

The Delhivery stock kept making loud blips on the mutual fund radar with an 8 percent rise in the market. While Gati lost nearly 17 percent, the AllCargo Logistics stock gained around 18 percent year to date

Delhivery: A reality check on the growth hype

Given the large quantum of corporate overhead costs, operating breakeven seems far away.

Shein re-entry could be high tide that lifts all boats in e-commerce: Delhivery CEO

'There's no point driving fast if you don't know where you're going... turning on the growth tap for us is not going to be very hard," Delhivery CEO Sahil Barua says in earnings call

LIVE: 'Buy on Dip' amid volatily? | Zomato & Delhivery on Q4 earnings radar | Opening Bell

On Opening Bell we will track Delhivery, Zomato, Delhivery, Divi’s Labs and Bharat Electronics earnings. Catch Nickey Mirchandani in conversation with Prashant Sawant, Founder, Catalyst Wealth and Dipan Mehta, Founder – Director, Elixir Equities

Delhivery Standalone March 2023 Net Sales at Rs 1,722.78 crore, up 2.68% Y-o-Y

Delhivery Q4 losses widen to Rs 159 crore as revenues fall for the 2nd quarter

Delhivery's revenue has now declined for two consecutive quarters. In the December quarter, the logistics company's revenue had dropped 8.5 percent from a year earlier.

Delhivery Consolidated March 2023 Net Sales at Rs 1,859.63 crore, down 10.24% Y-o-Y

Delhivery's compliance officer resigns

Sunil Kumar Bansal’s exit comes shortly after Abhik Kumar Mitra, CEO of Spoton – a B2B logistics company that Delhivery bought for $200 million in August 2021 – left in April.

Gainers & Losers: 10 stocks that moved the most on April 18

As many as 1,835 shares advanced, 1,610 shares declined, and 113 shares remained unchanged. Take a look at the top gainers and losers.

Bernstein starts coverage on Delhivery with 'market-perform' rating, sees 11% upside

Bernstein sees Delivery's medium term revenue growth in mid-teens with an adjusted EBITDA breakeven in FY24.

Tiger Global offloads Delhivery's shares for Rs 388 crore

The shares were sold at an average price of Rs 330 apiece, taking the transaction value to Rs 387.87 crore.

Internet Fund III offloads Delhivery shares worth Rs 387 crore; Ashish Kacholia picks 1.97% stake in Venus Pipes

Internet Fund III Pte Ltd had held 3.41 crore shares or 4.68 percent stake in Delhivery as of December 2022.

Delhivery share gains 1% on large block deals

Delhivery share price inches 1 percent higher after bulk deals worth Rs 388.15 crore were made.

Mutual funds added IT and new-age tech stocks in February, sold banks

Among IT names, shares of Tech Mahindra, Coforge, LTIMindtree and HCL Technologies were the top buys

SoftBank sells shares worth Rs 954 crore in Delhivery

Delhivery shares have fallen over 36 percent since listing

Stock Market Live: Markets in the green after 8-day losing streak | Delhivery & CEAT in focus

Indian investors can breathe a sigh of relief as Nifty snaps the losing streak after eight consecutive sessions of losses. Sensex jumps over 500 points while Nifty 50 is trading above 17,450 levels. Santosh Nair decoded the factors that are driving the markets in an upwards direction. Delhivery, CEAT, Wonderla Holidays & Dr Lal Path Labs are also on the radar.

Delhivery shares fall after Softbank’s likely sale of 3.8% stake

It was earlier reported that Softbank was planning to sell stake worth Rs 600 crore in the logistics company at a discount to market price

Softbank plans to sell Rs 600-crore Delhivery shares through block deals

Softbank is also considering the option to upsize, if the deal evokes a strong demand. The shares are likely to be offered at a 3-5 percent discount against the market price.

Delhivery block deal: Internet Fund III offloads shares worth Rs 414 crore

The venture capital fund managed by Tiger Global Management has sold more than 1.23 crore equity shares of Delhivery.

Delhivery falls after stake worth Rs 410 crore changes hands

The stock has been under pressure ever since the company said in October that it expected moderate growth in shipment volumes for the rest of FY23