Delhivery rises on extending partnership with Plix
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Delhivery is currently trading at Rs. 473.20, up by 2.70 points or 0.57% from its previous closing of Rs. 470.50 on the BSE.
The scrip opened at Rs. 480.00 and has touched a high and low of Rs. 482.70 and Rs. 469.00 respectively. So far 112969 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 488.05 on 05-Feb-2024 and a 52 week low of Rs. 314.05 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 485.00 and Rs. 448.25 respectively. The current market cap of the company is Rs. 34843.53 crore.
The Institutions holding in the company stood at 79.73%, while Non-Institutions held 20.27% stake in the company.
Plix, Marico’s majority-owned nutrition brand in the D2C segment, has extended its partnership with Delhivery to ship its products globally. Plix has an existing collaboration with Delhivery for domestic express parcel shipping in India and has now extended an exclusive partnership for cross-border shipping as well. It will leverage Delhivery's air freight expertise for shipments, ensuring swift and secure transportation of goods from its India warehouse in Mumbai to its New York warehouse.
Delhivery is an Indian logistics and e-commerce supply chain company.
