Hot Pursuit     01-Mar-23
Delhivery gains on large volumes
Delhivery rose 1.48% to Rs 349.25 amid heavy volumes.
On the BSE, over 280.88 lakh shares of the company were traded in counter as against an average trading volume of 1.07 lakh shares in the past three months.

On the NSE, over 12.10 lakh shares of the company changed hands at the counter as against an average trading volume of 20.40 lakh shares in the past three months.

As per media reports, Soft Bank was planning to sell shares worth Rs 600 crore in the company via block deals, today. Citi Bank has been appointed as the broker to the deal.

Earlier, the reports suggested that SoftBank might offload 3.4% to 3.8% stake in the company through a block deal at a discount to the current market price.

As of December 2022, the Japanese tech company held 18.42% stake in the company.

Delhivery is India's largest and fastest growing fully integrated logistics services provider. With its nationwide network covering over 18,500 pin codes, the company provides a full suite of logistics services such as express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services.

The logistics solution provider's consolidated net loss widened to Rs 195.65 crore in Q3 FY23 as against a net loss of Rs 126.52 crore recorded in Q3 FY22.

Previous News
  Sensex down 114 pts; media shares decline
 ( Market Commentary - Mid-Session 08-Jun-23   14:34 )
  Delhivery grants 20.34 lakh stock options under ESOP
 ( Corporate News - 19-May-23   12:22 )
  Delhivery to table results
 ( Corporate News - 27-Jul-24   10:29 )
  Delhivery declare Quarterly Result
 ( Corporate News - 11-May-24   12:20 )
  Delhivery reports consolidated net loss of Rs 195.65 crore in the December 2022 quarter
 ( Results - Announcements 11-Feb-23   07:36 )
  Delhivery, Mystore join hands to drive growth for rural entrepreneurs
 ( Hot Pursuit - 08-Jun-23   13:59 )
  Delhivery partners with Mystore
 ( Corporate News - 08-Jun-23   14:52 )
  Delhivery grants 66,300 stock options under ESOP
 ( Corporate News - 03-Nov-23   15:02 )
  Delhivery further invests Rs 50 cr in Falcon Autotech
 ( Corporate News - 11-Nov-23   10:34 )
  Delhivery reports consolidated net loss of Rs 68.47 crore in the March 2024 quarter
 ( Results - Announcements 18-May-24   22:32 )
  Delhivery slides as net loss widens to Rs 195 cr in Q3 FY23
 ( Hot Pursuit - 13-Feb-23   11:23 )
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