Delhivery Ltd. shares jumped by 6.84%, which is INR 281.05, and closed at around INR 4,396.40 on the NSE. So this is a very sudden increase, which surprised many investors, so let’s know the reason behind the jump.
So the main reason for the rise in this share price, that this company has a strong business update. So, Tuesday evening, Delhivery shared their Q4 FY25 operational result, which showed a big change in their performance.
Volume Growth
This delivery reported that they expressed parcel volume, which grew by 23% year-on-year, which means they delivered more parcels than in the same period last year.
Improved Efficiency
They said that they managed to reduce costs and improve delivery time by using AI-based route planning and automated warehouses.
New Client
The Delhivery Ltd. company added many new clients, especially in the e-commerce and fast-moving consumer goods sectors.
Positive Outlook
Here, the analysts are now expecting a profitable quarter, which is a big deal for a company that has struggled with losses in the past.
Market expert view
Many experts believe that this rise could continue if Delhivery maintains its strong performance, so here is what Rahul Mehta, who is a senior analyst at Axis Securities, said,
“Strong volume growth shows that Delhivery is scaling well, and if this trend continues, we could see better financial results in the upcoming earnings.”
Also, check: JBM Auto Shares Jump 11.15 % – Find Out Why
Conclusion
In conclusion, Delhivery Ltd. shares jumped by 6.84%, as they have a strong operational update which has boosdted investor confidence, and the market which has response positively, so whether this is a short-term jump or a long-term trend remains to be seen, but for now, the company is now heading in the right path.
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