Why is Delhivery falling/rising?
As of 23-Jul, Delhivery Ltd's stock price is Rs 443.65, up 1.23%, with strong recent performance and positive momentum indicated by trading above key moving averages. Despite its current success and high institutional holdings, the company faces long-term fundamental weaknesses that could impact future growth.
As of 23-Jul, Delhivery Ltd's stock price is currently at Rs 443.65, reflecting an increase of Rs 5.4 or 1.23%. The stock has shown strong performance recently, gaining 9.14% over the last seven days and outperforming its sector by 0.42% today. It is also trading above all key moving averages, indicating positive momentum. The company has reported positive results for the last four consecutive quarters, with a significant growth in profit after tax and a high operating profit to interest ratio. Additionally, high institutional holdings at 82.54% suggest confidence from more sophisticated investors, further supporting the stock's upward movement.In the broader market context, Delhivery's one-week return of 5.28% significantly outpaces the Sensex's modest gain of 0.11%, showcasing its strong short-term performance relative to the benchmark. Year-to-date, the stock has increased by 28.17%, while the Sensex has only risen by 5.87%, indicating a robust market-beating performance. However, it is important to note that the company has some long-term fundamental weaknesses, including a low return on equity and a poor EBIT to interest ratio, which could pose risks to its future growth despite the current positive trends.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
