Delhivery's Wholly Owned Subsidiary Receives RBI Approval for NBFC Registration 1 day ago Yesterday
Delhivery's wholly owned subsidiary has secured RBI approval for NBFC registration, subject to compliance conditions. The clearance marks a significant step for the logistics firm as it expands into formally regulated financial services in India, with the subsidiary required to meet ongoing RBI compliance obligations.
Delhivery Records ₹15.89 Crore NSE Block Trade of ~312,350 Shares at ₹508.60
A block trade involving approximately 312,350 shares of Delhivery was executed on the National Stock Exchange at ₹508.60 per share, amounting to a total deal value of ₹15.89 crores. The transaction was carried out through a separate trading window, a mechanism designed to facilitate large-scale deals without materially affecting prevailing market prices.
24Jun 26
Delhivery Records ₹16.41 Crore Block Trade on NSE at ₹479.35 Per Share
Delhivery Ltd. recorded a block trade on the National Stock Exchange involving approximately 342,343 shares at ₹479.35 per share, aggregating to ₹16.41 crores. Such block trades are characteristic of institutional investor activity and are executed outside the open market to minimise price impact.
MOSL Assigns Buy Rating on Delhivery with Target Price of ₹580
MOSL has assigned a Buy rating on Delhivery with a target price of ₹580. The brokerage points to strong express segment growth and a PTL margin turnaround as the primary catalysts supporting the company's earnings outlook. These operational improvements across key business segments form the basis of MOSL's positive stance on the stock.
Delhivery Ltd. Records Rs. 27.30 Crore Block Trade on NSE at Rs. 454.50 Per Share
Delhivery Ltd. recorded a significant block trade on NSE involving 600,709 shares at Rs. 454.50 per share, totaling Rs. 27.30 crores. The transaction demonstrates institutional investor activity and represents a substantial deal in the logistics company's stock.
HSBC Maintains Hold Rating on Delhivery with Raised Target Price of ₹500
HSBC has maintained its Hold rating on Delhivery while raising the target price to ₹500, citing the company's resilient share performance and strong near-term demand outlook. Despite concerns over Middle East fuel inflation, the brokerage highlighted Delhivery's ability to mitigate fuel price spikes effectively. HSBC also raised its FY28 EBITDA projections by 2% based on expectations of higher Q4 volumes, reflecting confidence in the logistics company's operational efficiency and growth prospects.
UBS Maintains Buy Rating on Delhivery with Rs 600 Target Price as Market Headwinds Fade
UBS maintains its Buy rating on Delhivery with a Rs 600 target price, citing fading market headwinds and improved competitive dynamics. The brokerage believes Valmo and quick-commerce impacts are largely priced in, while private capital constraints limit new competition. PTL margin improvements are supporting Delhivery's shift toward profitable growth strategies.
Delhivery Launches On-Demand Intracity Service in Mumbai and Hyderabad
Delhivery has officially launched its on-demand intracity shipping service through the Delhivery Direct app in Mumbai and Hyderabad, offering pickups within 15 minutes of booking. The service targets small businesses, D2C brands, and individuals with features including real-time tracking and multiple vehicle options, expanding the company's presence to five key cities across India.
Delhivery Set to Acquire 99.44% Stake in Ecom Express, Boosting Its Logistics Footprint
Delhivery has received approval from the Competition Commission of India (CCI) to acquire a 99.44% stake in Ecom Express. This strategic move is set to consolidate Delhivery's position in India's logistics sector, potentially expanding its market share and operational network. The acquisition is expected to enhance Delhivery's capabilities and service offerings, particularly in the e-commerce logistics space.
10Jun 25
Delhivery Discontinues UK Division Operations in Strategic Restructuring Move
Delhivery, a major Indian logistics company, has announced the dissolution of its operations in the United Kingdom as part of a broader restructuring initiative. This strategic decision signals a shift in the company's international business approach, potentially allowing for resource reallocation to more profitable or strategic areas. The move raises questions about Delhivery's future international expansion plans and its focus on the domestic Indian market.
Delhivery Reports Improved Q4 Financial Results, Swings to Profit
Delhivery Ltd has reported a significant financial turnaround for Q4 and FY2023. The company posted a Q4 consolidated net profit of ₹725.60 million, reversing last year's loss. Revenue increased by 9% to ₹21.92 billion, while EBITDA rose to ₹1.19 billion with a 5.43% margin. For the full fiscal year, Delhivery achieved its first year of profitability with a net profit of ₹1.62 billion and a 10% revenue growth to ₹89.32 billion. Core segments like Express Parcel and Part Truck Load showed steady growth.
15May 25
Delhivery Ltd. Sets Date for Q4 and FY25 Results Announcement
Delhivery Ltd. will disclose its Q4 and FY25 financial results on May 16, 2025. The board meeting to approve the audited results is scheduled for the same day, followed by an earnings call at 18:00. A trading window closure for designated persons is in effect from April 1 to May 18, 2025, to ensure fair trading practices.
22Apr 25
Delhivery and Mars Petcare Join Forces to Revolutionize Pet Care Supply Chain with AI
Delhivery Limited has partnered with Mars Petcare to digitally transform the latter's supply chain using Delhivery's AI-powered TransportOne technology. The collaboration will implement TransportOne, an advanced Transport Management System, to optimize Mars Petcare's transport operations across India. The system offers features like automated load planning, real-time tracking, and comprehensive analytics. This partnership aims to enhance delivery efficiency, improve product availability, and provide faster service to pet parents and retailers.
15Apr 25
Delhivery Shares Climb for Second Day on Ecom Express Acquisition Details
Delhivery's stock price increased for the second consecutive day following additional information about its Rs 1,400 crore acquisition of Ecom Express. Ecom Express reported revenue of Rs 1,912 crore in the first nine months of FY2025. The acquisition is expected to enhance Delhivery's market position, scale of operations, and profitability in the logistics sector.