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/PRNewswire/ -- Buckle up, logistics enthusiasts! Singapores vibrant logistics market is poised for another impressive leap, fueled by its strategic location,...

/PRNewswire/ -- Buckle up, logistics enthusiasts! The United Arab Emirates logistics market is soaring to new heights, fueled by a booming economy, strategic...

/PRNewswire/ -- The Indonesian logistics market is revving its engines, propelled by a flourishing economy, a booming e-commerce sector, and a growing middle...

Sanjiv Bhasin says: “Tata Steel and NALCO are both in our portfolio from, of course, much lower levels. If we want to play both the aluminium and the steel cycle, it has to be Tata Steel. Tata Steel has consolidated for over three years after that one-off move to 150 or maybe and now it is looking set to cross that 150-175 mark. Add Tata Steel and NALCO on declines.”

There are conflicting views on Delhivery. The logistics players results for the July-September quarter (Q2FY24) are being interpreted as good by some analysts and disappointing by others. As Indias largest listed logistics player, the company stands to benefit from the formalisation across the mostly unorganised logistics space. Delhivery provides solutions to 23,113 customers, including e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises across verticals.

The festive season and end-of-year sale season in December attract higher volumes not just from platforms such as Amazon, and Flipkart, but also from brands that have an omni channel presence, the management said in the Q2FY24 earnings call.

In the quarter, Delhivery also announced that it will be increasing its stake in Falcon Autotech. The Gurugram-based company will also be rejigging its top deck.

The logistics firms shares closed at Rs 402.25 per share on the Bombay Stock Exchange (BSE) on November 3, 17 per cent lower than the IPO price of Rs 487 per share.  The logistics unicorn went public in May 2022. 

New Delhi, Nov 4 (IANS) Logistics services provider Delhivery's net loss in the September quarter of the current financial year was more than halved to Rs 103

Logistics services provider Delhivery's net loss in the September quarter of the current financial year was more than halved to Rs 103 crore, while revenue increased by 8 per cent to Rs 1,942 crore, despite higher inflation and fund crunch, the ...