Delhivery shares have recovered 46% from their 52-week low of Rs 291 hit on January 27, 2023. They hit a 52-week high of Rs 576.15 on October 13, 2022.
Delhivery shares hit an intraday high of Rs 360 on BSE today against the 52-week low of Rs 291 hit on January 27, 2023. The Delhivery stock hit a 52-week high of Rs 708.45 on July 21, 2022.
Delhivery had earlier said the market sentiment in Q2 remained broadly unchanged from June quarter. Consumer discretionary spending remained muted due to continuing high levels of inflation, it said
Shares of Delhivery rose over 15 per cent in volatile market today after brokerage Credit Suisse initiated coverage on the stock. Stock of the logistics tech company zoomed 15.24 per cent intraday to Rs 617.70 against the previous close of Rs 536 on BSE. The market cap of Delhivery rose to Rs 43,053 crore. A total of 3.37 lakh shares of the firm changed hands amounting to a turnover of Rs 19.67 crore on BSE.