Delhivery Slides 6% As Flat Q4 Profit Overshadows Revenue Growth
India, May 18 -- Shares of Delhivery fell nearly 6% to hit an intraday low of Rs.447.85 on the BSE as investors turned cautious following the logistics major's largely flat Q4 FY26 profit despite strong top line growth.
Shares were further weighed down by a broader market sell-off triggered by surging crude oil prices, ongoing tensions in West Asia, and rising US bond yields. BSE Sensex and Nifty 50 fell as much as 1.41% and 1.38% intraday, respectively.
Delhivery pared some of the losses later and was trading 4.75% lower at Rs.453.10 apiece at 11:26 IST. The company's market capitalisation stood at Rs.33,901.9 Cr (about $3.5 Bn) at the time.
On Saturday, Delhivery reported a flat Q4 FY26 profit amid higher corporate overheads despite ...
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