Delhivery's Sustained Gains Highlight Strong Market Sentiment and Sector Performance

Delhivery, a prominent player in the transport services industry, has shown significant activity today, gaining 3.31% on July 8, 2025. The stock has outperformed its sector by 3.29%, marking its sixth consecutive day of gains, with a total return of 6.74% over this period. Intraday, Delhivery reached a high of Rs 410.35, reflecting a 3.7% increase.
In terms of moving averages, Delhivery is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

In the broader market context, the Sensex opened flat but later climbed by 386.38 points to close at 83,773.41, a 0.4% increase. The index is now just 2.63% away from its 52-week high and is trading above its 50-day moving average, which is also above the 200-day moving average. Mega-cap stocks are leading the market today, contributing to the overall bullish sentiment.

Delhivery's performance metrics over various time frames show a mixed picture, with a notable 64.37% increase over the past three months, contrasting with a decline of 31.18% over the last three years.