6 stories mentioning NSE:DELHIVERYUpdated 37d ago
Every FINWIRES story that references NSE:DELHIVERY, newest first.
Delhivery (NSE:DELHIVERY, BOM:543529) has an average rating of buy and mean price target of 555.38 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Delhivery (NSE:DELHIVERY, BOM:543529) and Bajaj Auto Ltd. (NSE:BAJAJ-AUTO, BOM:532977) have partnered to deploy 200 Bajaj RIKI eCart electric three-wheelers across Delhivery's last-mile delivery network, expanding electrification into Tier-2 and Tier-3 cities.The rollout marks the first phase of the partnership, with plans to scale up to about 1,500 electric three-wheelers during 2026-2027, according to an Indian bourse filing on Tuesday.Delhivery said the vehicles will be integrated with its route optimization systems to improve delivery efficiency and lower operating costs for partners.Delhivery shares slipped over 1% while Bajaj Auto fell over 2% in Wednesday's trade.
Delhivery (NSE:DELHIVERY, BOM:543529) has launched Delhivery Maps, an artificial intelligence-based geospatial platform developed to support navigation and location services across India.The mapping suite, which was previously used across Delhivery's logistics network, is now available to businesses, developers and gig-economy platforms, according to a company statement.The platform is designed for commercial shipping and incorporates routing constraints, vehicle movement and landmark-based navigation.
Delhivery (NSE:DELHIVERY, BOM:543529) secured board approval to incorporate a wholly owned subsidiary in India to operate in the financial and allied services segment, according to a Saturday filing on Indian bourses.Shares of the logistics company fell nearly 4% in Monday's trade.The proposed entity, Delhivery Fintech Distribution, will support the company's logistics network through financial distribution services, the filing said.Delhivery will invest 10 million rupees in the subsidiary, it said.
Delhivery's (NSE:DELHIVERY, BOM:543529) consolidated attributable profit declined to 724.0 million Indian rupees in the fiscal fourth quarter ended March 31, from 725.6 million rupees a year ago, according to a stock exchange filing on Saturday.Earnings per share contracted to 0.95 rupees from 0.96 rupees a year earlier, the logistics company said in a filing to the Indian bourses on Saturday. The EPS was lower than the 1.11 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4, however, increased to 28.5 billion rupees from 21.9 billion rupees a year ago. This was higher than Visible Alpha's estimate of 26.8 billion rupees.
