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    Fundamental Radar: What makes Delhivery a worthy bet in the logistics space? Amit Agarwal explains

    Kotak has upgraded Delhivery to “buy” from “add”, and raised the price target for the stock to Rs 570, implying an upside potential of around 18% from the current levels.

    Synopsis

    Online fashion retailer Meesho’s recent decision to give more traffic to its captive arm potentially suggests its endeavor to hedge against pricing moves by its vendors.

    MUMBAI - As e-commerce players such as Meesho, Amazon.com, and Flipkart are working on driving volumes and meaningfully improving their logistics cost structure, Delhivery stands to be one of the lead beneficiaries as a third party logistics services provider. Online fashion retailer Meesho’s recent decision to give more traffic to its captive arm potentially suggests its endeavor to hedge against pricing moves by its vendors.Unlike Delhivery,
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