Results · Mobility & Logistics

Delhivery shares hit 52-week high as brokerages see up to 32% upside

By Startup Enthusiast · 22 June 2026

What they do

Delhivery is a logistics and supply chain solutions provider operating in India

Its shares hit a 52-week high of ₹491.50 on June 22, 2026, after brokerages projected a 26-32% upside in the stock

Brokerage reports highlighted strong growth in Delhivery's express segment and improved margins in its part-truckload business

Delhivery's shares hit a 52-week high of ₹491.50 on June 22, 2026, after brokerages projected a 26-32% upside in the stock.
The stock later closed 5.2% higher at ₹484.90, with a market capitalisation of ₹36,285.4 Cr (about $3.8 Bn).
Brokerage reports highlighted strong growth in Delhivery's express segment and improved margins in its part-truckload business.
JM Financial reiterated its 'BUY' rating on Delhivery with a target price of ₹605, implying a 32% upside from its closing price of ₹459.15 on June 18.
Motilal Oswal maintained a 'BUY' rating with a target price of ₹580, implying a 26% upside.
Delhivery reported a consolidated net profit of ₹72.4 Cr in Q4 FY26.

Brokerage reports projected strong growth in Delhivery's revenue and profitability in FY27.
The company's express segment recorded 73% YoY volume growth in Q4 FY26, driven by healthy consumption demand and increased outsourcing by customers.
Delhivery's part-truckload (PTL) business saw service EBITDA margins expand to 13.4% in Q4 FY26 from negative 8.5% in Q1 FY24.
The company's market capitalisation reached ₹36,285.4 Cr (about $3.8 Bn) on June 22, 2026.

Delhivery is a logistics and supply chain solutions provider operating in India.
It offers parcel delivery, logistics, and supply chain solutions to businesses and consumers.
The company has a significant presence in the third-party logistics (3PL) market, with a focus on express and part-truckload services.
Delhivery has acquired Ecom Express, expanding its logistics network and capabilities.
The company launched 'Delhivery Maps', an AI-native suite of geospatial APIs for commercial logistics and navigation.