New initiatives, margin gain hopes positives for Delhivery

Logistics major Delhivery has had promising Q2FY25 results. The Q2FY25 consolidated revenue was Rs 2,190 crore (up 0.8 per cent quarter-on-quarter or Q-o-Q and 12.8 per cent year-on-year or......

Gains in Delhivery dependent on a sustained improvement in margins

Logistics services provider Delhivery posted a mixed set of results during the March quarter of the previous financial year (Q4 of FY23). While its operating profit was marginally in the green, its......

CDC makes open offer for 20% stake in PTL

CDC Financial Services and CDC-PTL Holding Ltd have made an open offer to acquire upto 20 per cent equity stake in Punjab Tractors Ltd at Rs 153 per share.The offer for acquiring upto 1.21 crore......

Analysts divided, but Delhivery's stock underperformance may reverse

There are conflicting views on Delhivery. The logistics player’s results for the July-September quarter (Q2FY24) are being interpreted as good by some analysts and disappointing by others. As......