Delhivery share price

2022 - 10 - 21

Post cover — Image courtesy of "Economic Times"

Delhivery stock hits lifetime low, down another 18% in early trade (Economic Times)

Delhivery, in a stock exchange filing had said it is likely to see an adverse impact of high inflation and will clock moderate growth in shipments for the ...

10 mins read [Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. Delhivery shares are trading at Rs 386.70 per share - down nearly 18% compared to the previous close on BSE on Thursday.

Delhivery shares plunge below IPO issue price | Mint (Livemint)

The company's stock price breached its initial public offering (IPO) issue price of ₹487 per share for the second time since the Gurugram-based startup ...

Delhivery shares fall below IPO price after subdued quarterly update (CNBCTV18)

Shares of logistics and supply-chain company Delhivery have declined over 30 percent in the last two trading sessions after a subdued quarterly business ...

The stock is now trading below its IPO price of Rs 487. With today's drop, shares have now declined over 30 percent in the last two trading sessions. Shares of Delhivery have now shed over 30 percent in the last two trading sessions.

Delhivery stock drops 14% on inflation concerns, flat festive shipments (Moneycontrol.com)

Shipment volumes in its supply chain services and truckload businesses declined in September quarter; growth to remain moderate for rest of FY23, ...

“Going forward we remain watchful of the market sentiments. “However, both businesses have shown substantial double-digit growth compared to a year ago. “Industrial output also remained weak in the first two months of the quarter.

Delhivery shares fall post weak Q2 update (YourStory.com)

Delhivery shares fell below the IPO issue price to Rs 473.00 apiece on BSE on Thursday after the logistics solution provider shared its quarterly update.

For past editions of the YourStory Buzz, you can check our [Daily Capsule page here](https://yourstory.com/search?category=Daily%20Capsule). [New calling:](https://www.wsj.com/articles/binance-us-hires-high-profile-fbi-agent-as-head-of-investigations-11666278072?)The U.S. [Out of office:](https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news)Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout. [topped](https://yourstory.com/socialstory/2022/10/shiv-nadar-edelgive-hurun-india-philanthropy-list-2022) the EdelGive Hurun India Philanthropy List. The company had hit a record low of Rs 456.05 on June 20. In its Q2 FY23 update, the company said it anticipated moderate growth in shipment volumes through the rest of the financial year. It competes with firms such as Billtrust, Vyapar, Grabango, FloBiz, and Zervant. - Delhivery is trading below its issue price of Rs 487 per share. [ICYMI:](https://edition.cnn.com/travel/article/man-builds-plane-garden/index.html) A mechanical engineer built a plane in his garden. In other news, India’s competition regulator CCI has fined Alphabet Inc's Google Rs 1,337 crore for anti-competitive practices related to Android mobile devices. After streaming giant, ride-hailing business Uber is the latest to enter the ad business. The California-headquartered company will not only sell ad space inside its apps but also in customer emails, during rides, and at storefronts.

SoftBank-Backed Delhivery Set for Record Drop as Growth Falters (Bloomberg)

Shares of Delhivery Ltd. plunged, heading for their biggest single-day drop, after the logistics firm reported muted quarterly business growth.

[debuted](https://www.bloomberg.com/news/articles/2022-05-24/delhivery-rises-in-debut-after-second-biggest-indian-ipo-of-2022) on Indian bourses in May, fell as much as 15% after reporting supply chain service and truckload business volumes contracted in the three months to Sept. 30 from the previous quarter. The company, which

Delhivery Shares Hit Record Low, Extend Two-Day Decline To 30% (BQ Prime)

Delhivery is now trading below its IPO price, joining Zomato and Paytm in the slump that's afflicted new-age tech firms in India.

On Friday, the stock continued its decline and fell as much as 18.87% to Rs 382.25, a record low, in morning trades. Market sentiment remained "broadly unchanged" from a quarter ago, the Gurugram-based logistics firm said in its second-quarter business update. fell to a record low as the company's stock has tumbled over 30% in two days on a muted growth outlook.