Delhivery Shows Signs of Trend Reversal Amid Broader Logistics Sector Gains

Jan 29 2025 11:20 AM IST
share
Share Via
Delhivery, a key player in logistics, experienced a notable gain today after a series of declines, reaching an intraday high. Despite this uptick, the stock remains significantly below its 52-week low and moving averages, reflecting ongoing challenges. The logistics sector overall has shown positive movement.
Delhivery, a prominent player in the logistics industry, has shown notable activity today, gaining 3.36% on January 29, 2025. This uptick comes after a three-day streak of declines, indicating a potential trend reversal. The stock reached an intraday high of Rs 321.35, outperforming its sector by 0.87%.

Despite today's gains, Delhivery remains 4.62% away from its 52-week low of Rs 306.5. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging performance in the longer term.

In the broader market context, the logistics sector has seen a gain of 2.4%, while Delhivery's one-day performance of 3.55% significantly outpaces the Sensex, which rose by 0.51%. However, over the past month, Delhivery has experienced a decline of 7.96%, compared to a 3.07% drop in the Sensex. These metrics highlight the stock's current position within the market and its recent performance trends.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News