Delhivery shares decline 6% as Q3 loss widens. Should you buy, sell or hold?

Delhivery shares decline 6% as Q3 loss widens. Should you buy, sell or hold?

Shares of logistics company Delhivery declined nearly 6% to Rs 298 in Monday’s intraday trade after the company’s net loss widened to Rs 196 crore for the third quarter ended December, compared with Rs 126 crore in the same quarter of last year. Its revenue from operations fell 9% to Rs 1,823 crore for the … Read more

Delhivery Q3 preview: Express delivery vertical may drive sales growth

Delhivery Q3 preview: Express delivery vertical may drive sales growth

Logistics services provider Delhivery, which will release earnings on Friday, is expected to trim its losses in the quarter ended December on the back of growth in the express parcel division. However, the partial truck load (PTL) freight business is likely to see muted growth. For the September quarter, Delhivery had reported a 20% on … Read more