Delhivery soars on partnering with HPCL
Delhivery is currently trading at Rs. 317.90, up by 4.25 points or 1.36% from its previous closing of Rs. 313.65 on the BSE.
The scrip opened at Rs. 312.05 and has touched a high and low of Rs. 319.35 and Rs. 306.50 respectively. So far 63411 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. 306.50 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 331.00 and Rs. 306.50 respectively. The current market cap of the company is Rs. 23634.68 crore.
The Institutions and Non-Institutions held 82.74% and 17.26%, stake in the company respectively.
Delhivery has partnered with Hindustan Petroleum Corporation (HPCL) to manage nationwide distribution of HPCL’s branded lubricants, known as HP Lubricants, to its various stakeholders.
HPCL aims to achieve a quantum jump in the operational excellence of its supply chain, which involves the movement of millions of Lubricant SKUs across the country, with the company’s robust Part Truck Load (PTL) logistics infrastructure and cutting-edge technology solutions underpinned by centralized tracking. The collaboration is expected to set a new milestone in the Indian logistics landscape.
Delhivery is an Indian logistics and e-commerce supply chain company.
