Delhivery Shares Plunge Close To 9% After Q2 Loss

Share via:


SUMMARY

Important to mention that the company’s shares touched a fresh 52-week high of INR 489.95 during intra-day trading on November 4

The selling pressure for the company’s stock today comes at the behest of the company plunging into losses in Q2 FY26, reporting a net loss of INR 50.5 Cr as against a profit of INR 10.2 Cr in the year-ago quarter

Notably, on July 18, Delhivery completed the acquisition of Ecom Express and expects to bear a total integration cost of INR 300 Cr over the…



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.

Popular

More Like this

Delhivery Shares Plunge Close To 9% After Q2 Loss


SUMMARY

Important to mention that the company’s shares touched a fresh 52-week high of INR 489.95 during intra-day trading on November 4

The selling pressure for the company’s stock today comes at the behest of the company plunging into losses in Q2 FY26, reporting a net loss of INR 50.5 Cr as against a profit of INR 10.2 Cr in the year-ago quarter

Notably, on July 18, Delhivery completed the acquisition of Ecom Express and expects to bear a total integration cost of INR 300 Cr over the…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Agami Realty wins top honours for Agami Sapphire at...

Mumbai (Maharashtra) , December 24: Reaffirming their commitment...

RBI shows flexibility on fintech payment licence clearances in...

The Reserve Bank of India has stepped up...

The Age of the All-Access AI Agent Is Here

For years, the cost of using “free” services from...

Popular