SBI Mutual Fund Trims Stake in Delhivery To 5.69%

by · Inc42

SUMMARY

  • SBI Mutual Fund sold 18.18 Lakh shares of Delhivery to trim its stake by 0.24% from 5.93% earlier
  • The asset management company held a 7.91% stake in the company in April 2023, which it has been trimming for some time
  • Shares of Delhivery are up about 18% year to date on the back of strong financial performance and its acquisition of rival Ecom Express