Delhivery Shares Hit All-Time Low During Intraday

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SUMMARY

The stock is following a downward trend for the last few consecutive sessions even after strong financial results in the third quarter of the current fiscal year (Q3 FY25)

With a fall in its share price, Delhivery’s market capitalisation stood at INR 20,329 Cr at 2:32 PM today

Delhivery’s consolidated net profit zoomed 114% to INR 24.98 Cr in Q3 FY25 from INR 11.70 Cr in the year-ago quarter on the back of strong growth in its revenue

Shares of logistics giant Delhivery crashed over 4% to hit an all-time low of…



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Delhivery Shares Hit All-Time Low During Intraday


SUMMARY

The stock is following a downward trend for the last few consecutive sessions even after strong financial results in the third quarter of the current fiscal year (Q3 FY25)

With a fall in its share price, Delhivery’s market capitalisation stood at INR 20,329 Cr at 2:32 PM today

Delhivery’s consolidated net profit zoomed 114% to INR 24.98 Cr in Q3 FY25 from INR 11.70 Cr in the year-ago quarter on the back of strong growth in its revenue

Shares of logistics giant Delhivery crashed over 4% to hit an all-time low of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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