Delhivery has seen its stock fall from Rs 670 in July 2022 to Rs 247 now. But a recent distressed acquisition of rival Ecom Express might just be the catalyst it needs. With a strong balance sheet, ...

Delhivery Limited has announced the acquisition of a 99.4% stake in Ecom Express Limited, a rival logistics solutions provider, for a cash consideration of up to Rs 1,407 crore ($169.5 million ...

Delhivery said that no new technology integrations will have to be “created or changed” as part of the deal as there is a near total overlap between the two companies Delhivery said that Ecom ...

Delhivery shares soared despite market crash on Monday, on signing an agreement to acquire Ecom Express Limited for ₹1,407 crore. The stock closed 4.53 per cent positive on the BSE at ₹269.95 ...

Shares of Delhivery Ltd cracked 10% from day's high on Tuesday amid a recovery in the broader market. The stock of the logistics services firm also saw large volumes with 27.4 million shares ...

Delhivery to buy 99.4% stake in Ecom Express for ₹1,407 crore. Third-party logistics company Delhivery will acquire Ecom Express Limited for ₹1,407 crore. The company informed the exchanges on ...

Logistics firm Delhivery on Saturday announced that it will acquire its rival, Ecom Express Limited, for an amount not exceeding Rs 1,407 Crore. "The Board has approved the execution of Share ...

The acquisition is expected to be finalised within six months from the date of signing the Share Purchase Agreement. Logistics major Delhivery on Saturday announced plans to acquire its competitor ...

Third-party logistics company Delhivery is going to acquire Ecom Express for ₹1,407 crore, signalling major consolidation in the Indian logistics space. The Gurgaon-based Delhivery said the ...

Delhivery is acquiring Ecom Express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by Ecom Express, which ...