Delhivery

BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.

The expectations for service operating profit margin in PTL is set to reach 16-17 per cent, excluding yield improvements, driven by volume growth

Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.

Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.

New-age stocks have zoomed up to 80% from Election Result day lows. Charts suggest PolicyBazaar, Paytm, Nykaa and Delhivery can rally another 12%; while Zomato and CarTrade may dip going ahead.

The Japanese conglomerate recorded a $394 million gross gain from its $199 million investment in Policybazaar, and gain of $285 million on its $397 million investment in Zomato

Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.

Most brokerages are positive about logistics company, expect it to sustain profits

Logistics firm Delhivery on Friday posted a profit after tax (PAT) of Rs 54 crore for June quarter FY25. In the year-ago period, the company incurred a loss of Rs 89 crore. Revenue in the quarter was Rs 2,172 crore. In the year-ago period, it was Rs 1,930 crore, the company said in a statement. Besides, EBITDA (earnings before income, taxes, depreciation and amortization) stood at Rs 97 crore in Q1FY25. In the year-ago period, EBITDA was Rs 13 crore. Delhivery, however, clarified that during Q1FY25, it had a one-time reduction of Rs 19 crore in employee benefit expense due to reversal of cost against unvested ESOPs of employees who exited the company. "Robust growth in PT (part truckload) and SCS (supply chain services) businesses and stable growth in express parcel continues and have enabled improvement in profitability as well," said Sahil Barua, Managing Director and Chief Executive Officer at Delhivery. PTL revenue was Rs 435 crore during the quarter as against Rs 347 crore a

Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery

Delhivery shares gained 2.8 per cent in the intraday trade to hit a high of Rs 403,65. The spike in Delhivery shares was registered after 23.4 million shares changed hands on the NSE and BSE

Stocks to watch on July 10: Emcure Pharmaceuticals' shares are scheduled to make their debut on the stock exchanges on Wednesday

Stocks to Watch today, Friday, July 5, 2024: PNB's global loan book surged 12.7 per cent year-on-year (Y-o-Y) to Rs 10.3 trillion in the April-June quarter of FY25 (Q1FY25)

Gurgaon-based Delhivery has started overseeing larger warehouses for Swiggy Instamart while Xpressbees is discussing partnerships with key players in the industry

New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.

Logistics company Delhivery on Thursday announced a partnership with SUGAR Cosmetics, a home-grown beauty brand to spearhead its pan-India B2B logistic operations. The logistics company has been a long-standing partner for the brand's D2C express parcel shipping, Delhivery said in an exchange filing. Further, Delhivery said in the statement that its extensive networks, technology-driven solutions, and express Part Truck Load (PTL) services will ensure faster delivery of B2B consignments, allowing SUGAR Cosmetics to better serve their retail partners. Commenting on the partnership, SUGAR Cosmetics supply chain Vice President Amartya Guha said SUGAR Cosmetics is on a high growth trajectory and needs a logistics partner that comprehends the demands of the digital native generation. Varun Bakshi, Head of Delhivery's Express Part Truckload business, said that brands like SUGAR Cosmetics, which have an omnichannel strategy, heavily benefit from their express PTL service for quick stock .

During Q4FY24, Delhivery posted a loss of Rs 68.5 crore as against a profit of Rs 11.7 crore in the December quarter (Q3FY24)

The company reported a consolidated loss of Rs 68.47 crore ($8.21 million) for the quarter ended March 31, compared with a loss of Rs 159 crore a year ago

The Canada Pension Plan Investment Board on Wednesday divested a 2.8 per cent stake in supply chain and logistics firm Delhivery for Rs 908 crore through an open market transaction. US-based financial services company Capital Group, Fidelity Investments, HSBC, and the Master Trust Banker Japan Ltd A/C HSBC Indian Equity Mother Fund were the buyers of Delhivery shares on the NSE. According to the block deal data available with the National Stock Exchange (NSE), Canada Pension Plan Investment Board (CPPIB) sold 2,04,50,000 shares, amounting to a 2.8 per cent stake in Delhivery. The shares were disposed of at an average price of Rs 444.30 per piece, taking the transaction value to Rs 908.59 crore. After the latest transaction, CPPIB's shareholding has declined to 3.16 per cent from 5.96 per cent (as of March 2024 shareholding data showed on the BSE). On Wednesday, shares of Delhivery fell 0.09 per cent to close at Rs 448 apiece on the NSE. In September 2019, CPPIB announced that it

Chimetech Holding on Friday divested 1 per cent stake in logistics and supply chain firm Delhivery for Rs 360 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Chimetech Holding Ltd sold more than 76.64 lakh shares, amounting to a 1.04 per cent stake in Delhivery. The shares were disposed of at an average price of Rs 470.01 apiece, taking the transaction value to Rs 360.25 crore. As of December 2023, Chimetech Holding Ltd owned 1.31 per cent shareholding in Delhivery. Details of the buyers could not be ascertained. The scrip of Delhivery declined 1.78 per cent to settle at Rs 464.70 apiece on the NSE. In another bulk deal on the NSE, Amansa Holdings offloaded shares of pharmaceutical company Suven Pharmaceuticals for Rs 215 crore through an open market transaction. Amansa Holdings sold 31.26 lakh shares of Suven Pharmaceuticals at an average price of Rs 689.19 apiece, taking the deal size to Rs 215.48 cror