Business Standard

Thursday, December 19, 2024 | 07:25 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Delhivery makes listless debut; opens 1% higher against issue price

The stock of logistics services provider got listed at Rs 493, 1.2 per cent higher against its issue price of Rs 487 per share on the BSE

Delhivery was, till recently, planning to launch an IPO, but experts believe those plans would be put on the backburner
Premium

Delhivery was, till recently, planning to launch an IPO, but experts believe those plans would be put on the backburner

SI Reporter Mumbai
Logistics services provider, Delhivery, made a listless debut on the bourses on Tuesday, with its shares getting listed at Rs 493 on the BSE. This was 1.2 per cent higher against its issue price of Rs 487 per share. On the National Stock Exchange (NSE), the stock opened at Rs 495.20 per share.

So far, the stock has hit a high of Rs 497.95 and a low of Rs 487 in the intra-day trade on the BSE and NSE. At 10:01 am, Delhivery was trading at Rs 487.45, almost at par against its issue price. A combined 1.01 million

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in