News and Views
Recent Price Movement and Market Context
Delhivery’s stock has experienced a notable decline over the past week, dropping 4.09% while the Sensex gained 0.79% in the same period. Over the last month, the stock’s fall has been more pronounced at 12.12%, contrasting with the Sensex’s modest 0.95% rise. Despite this recent weakness, the company’s year-to-date performance remains robust, with a gain of 20.96%, significantly outperforming the Sensex’s 9.08% increase. Over the last year, Delhivery’s stock has appreciated by 21.80%, more than double the benchmark’s 10.47% return.
On 21-Nov, the stock underperformed its sector by 0.55%, marking the second consecutive day of losses and a cumulative decline of nearly 4% over this period. Intraday, the share price touched a low of...
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