DELHIVERY.NSE News
Zomato, Paytm, Swiggy Show ‘Zero Promoter Holding’ — SEBI Analyst Explains Why It’s Not A Red Flag
The analyst said founders still own stakes and remain involved, even though they’re now classified as public shareholders.
Zomato, Paytm, Swiggy Show ‘Zero Promoter Holding’ — SEBI Analyst Explains Why It’s Not A Red Flag
The analyst said founders still own stakes and remain involved, even though they’re now classified as public shareholders.
The logistics sector is expected to grow at a CAGR of 32% between 2022 and 2027
The brokerage firm initiates coverage on Aegis Logistics and Delhivery with an ‘overweight’ rating
Delhivery’s core logistics segments, like express parcel and part-truck load, drove growth, while new initiatives such as Rapid and Direct showed early momentum.
FII outflows and mixed global cues weighed on sentiment. Analysts flag resistance at 24,800.
Bajaj Finance, Nestle India, SBI Life Insurance Company, Canara Bank, and ACC, among others, are set to report their quarterly earnings later today
Delhivery stock has risen 65% in the past three months and continues to gain momentum. An analyst sees further upside, though a mild pullback is possible before the next leg higher.
Delhivery was among the ‘most active stocks’ on Stocktwits, with ‘extremely bullish’ retail sentiment on Wednesday
The stock has not closed below the previous week’s level for 10 consecutive weeks, according to the analyst, who highlighted multiple technical confirmations.
Delhivery stock soared post-earnings, but analysts are divided.