Ecom Express acquisition

Delhivery stake sold: Morgan Stanley, Citigroup and 6 others enter deal; buy 1.6% stake for Rs 461 crore – Times of India

alishpagda08@gmail.com11 hours ago02 mins

Delhivery, the logistics company, saw global and Indian investors like Morgan Stanley, Citigroup Global Markets Singapore and six other entities buy a 1.6% stake on Thursday. The shares were purchased via open market deals, totalling Rs 461 crore.According to data from the National Stock Exchange (NSE), other major buyers in the transaction included HDFC Mutual…

Delhivery logs first full-year profit in FY25 – Times of India

alishpagda08@gmail.com1 month ago01 mins

BENGALURU: Delhivery reported its first full-year net profit in the 2024-25 financial year, buoyed by continued gains in its part-truckload (PTL) business and improving operational efficiencies.The logistics company also said early customer movement and network synergy from its proposed acquisition of Ecom Express began reflecting in higher daily volumes.Its net profit for FY25 was Rs…