Delhivery gains on launching Lucknow Gateway Hub
Delhivery is currently trading at Rs. 438.45, up by 1.50 points or 0.34% from its previous closing of Rs. 436.95 on the BSE.
The scrip opened at Rs. 435.40 and has touched a high and low of Rs. 441.90 and Rs. 435.40 respectively. So far 61085 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 447.75 on 25-Sep-2024 and a 52 week low of Rs. 236.80 on 13-Mar-2025.
Last one week high and low of the scrip stood at Rs. 441.90 and Rs. 417.90 respectively. The current market cap of the company is Rs. 32850.05 crore.
The Institutions holding in the company stood at 82.54%, while Non-Institutions held 17.46% in the company.
Delhivery has setup Lucknow Gateway Hub. The facility, spread across 1 lakh square feet and will accelerate the region’s economic growth and create thousands of direct and indirect work opportunities. It will also empower thousands of businesses in the region, enabling them with access to nationwide markets through improved order fulfillment capabilities.
With the new infrastructure, the company now offers 40% more [processing capacity/throughput/load handling capacity] to meet the requirements of the region’s needs and incorporates automation to handle shipment volumes with efficiency. The hub also includes two automated sortation systems with a 5,000 throughput per hour capacity for rapid and precise shipment processing.
The company’s expansion in Lucknow is also a step forward in empowering local entrepreneurs and businesses. With the layout offering 1,300 plus bin locations and the ability to hold more than 17,000 shipments, businesses in the region can prepare themselves for the festive season. They can now store goods locally and ship them nationwide with ease, expanding their reach and improving delivery time.
The expanded Lucknow hub is part of the company’s broader northern India network covering Uttar Pradesh, Delhi-NCR, which includes a network of hundreds of hubs and gateways, and 450 plus distribution centers. Supported by a growing ecosystem of franchise partners, the infrastructure helps thousands of businesses - especially MSMEs - access reliable and scalable logistics services to reach customers in every corner of the country.
Delhivery provides a full range of Logistics services, including delivery of express parcel and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software.
