Delhivery Faces Significant Stock Decline Amidst Challenging Market Conditions

Delhivery, a prominent player in the logistics industry, has experienced a notable decline in its stock performance today, losing 3.38% as of February 10, 2025. The stock reached a new 52-week low of Rs. 302.95, marking a significant downturn for the company. Over the past four days, Delhivery has seen a cumulative drop of 7.1%, indicating a consistent downward trend.
In terms of market performance, Delhivery underperformed its sector by 3.11%, with today's intraday low hitting Rs. 302.95, reflecting a decrease of 4.36% at its lowest point. The stock's performance over the past month has also been disappointing, with a decline of 9.19%, contrasting sharply with the Sensex, which has shown a slight increase of 0.12% during the same period.

Additionally, Delhivery is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its challenging market position. As the logistics sector continues to evolve, Delhivery's recent performance metrics underscore the need for close monitoring of its operational strategies and market dynamics.