Delhivery Shares Jump Nearly 10% After Q2 Swing To ₹41 Cr Profit

by · Inc42

SUMMARY

  • Delhivery shares climbed as much as 9.7% to ₹423.35 on the BSE after the logistics company swung to a consolidated net profit of ₹40.6 Cr in Q2 FY27
  • Equirus Securities upgraded the stock to ‘Long’ from ‘Reduce’, citing market share gains, improving part truckload margins, and operating leverage, with a target price of ₹505
  • Operating revenue rose 19.8% YoY to ₹3,066.4 Cr, while express parcel volumes increased 32.1%