DELHIVERY LISTING
BigBasket, 1mg’s plans for capex; win for epharmacies in Madras HC Tata’s online grocery BigBasket and epharmacy 1mg will largely depend on debt capital to fuel expansion this fiscal. More on this in today’s ETtech Morning Dispatch.
27 Jun, 2024, 07.26 AM ISTEcom Express sets the ball rolling for Rs 3,000-crore IPO Third-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the development told ET. The Warburg Pincus-backed company has appointed bankers Kotak Capital, IIFL, Axis Capital, and UBS...
27 Jun, 2024, 06.01 AM ISTEcom Express sets the ball rolling for Rs 3,000-cr IPO "Ecom Express has initiated the process for the public issue, which includes both a fresh issue and an offer for sale from the existing investors. The company is likely to file its draft red herring prospectus soon," said one of the people cited abo...
27 Jun, 2024, 05.42 AM IST- ADVERTISEMENT
Ecom Express’ rights issue; Google Cloud chief interview Ecom Express is planning a $170 million rights issue led by existing investors. This and more in today’s ETtech Top 5.
25 Jun, 2024, 07.26 PM ISTEcom Express targets $170 million via rights issue Ecom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postponed a public listing like Delhivery and Xpressbees. Serving Meesho, Ecom Express ventures into quick-commerce...
25 Jun, 2024, 03.12 PM ISTZepto raises $665 million funding at $3.6 billion valuation to take on Blinkit, Swiggy Instamart Company to double dark-store count to 700, taking on rivals Blinkit, Swiggy Instamart and Big Basket’s BB Now; DST Global, Lightspeed Venture Partners, Avenir Growth Capital and Avra joined as new investors in the round led by Glade Brook Capital, S...
22 Jun, 2024, 07.49 AM ISTThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of over 20% Just because the Nifty has been trading in a volatile mood for the last few trading sessions, the word correction might be heard on the street. The fact is that if one looks at the internal of the markets, there has been an ongoing correction which ...
12 Jun, 2024, 12.39 PM IST- These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of over 20%
Just because the Nifty has been trading in a volatile mood for the last few trading sessions, the word correction might be heard on the street. The fact is that if one looks at the internal of the markets, there has been an ongoing correction which ...
11 Jun, 2024, 03.56 PM IST New-age stocks recover post poll results; Ixigo IPO launch A day after election results, shares of new-age companies like Zomato and Delhivery made a sharp recovery on the bourses. A look at the numbers and more in today’s ETtech Top 5.
06 Jun, 2024, 04.52 PM ISTThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20% As the street grapples with what will be the final come out of elections, the street is witnessing two things, unwinding of the long position which were taken after the exit poll showed a comfortable win for ruling BJP and also fresh short position ...
05 Jun, 2024, 05.05 PM ISTEcommerce in slow lane; PhonePe-BharatPe truce Happy Monday! Online sales haven’t picked up during the final quarter of FY24, industry officials said. This and more in today’s ETtech Morning Dispatch.
27 May, 2024, 07.16 AM ISTEcommerce fails to click for firms in Q4 as sales dip across segments Online consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery volumes declined 13% sequentially in the March quarter to 176 million, while on a year-on-year basis they were d...
27 May, 2024, 06.00 AM ISTA quarter of hits & a few misses; and other top tech, startup stories Welcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week we’ve wrapped up another compelling quarterly earnings season for listed new-age companies from Zomato and Delhivery to Paytm and P...
25 May, 2024, 09.03 AM ISTBrokerages bearish on Delhivery post Q4 nos, shares plunge 10% "Margin improvement is volatile as the small impact on utilisation for its network impacts the margin as pricing power is limited," said the brokerage, while slashing its target price from ₹600 to ₹488.
22 May, 2024, 05.57 AM ISTSensex drops 53 points in volatile trade amid weak global cues; metal stocks shine, IT falters Gains from metal and energy stocks were offset by losses in banking and IT stocks. Tata Steel, JSW Steel, and Power Grid saw considerable gains, climbing 2.5% to 3.7%. US rate-sensitive IT stocks closed 0.2% lower. Volatility on Tuesday touched 22.3...
21 May, 2024, 04.25 PM ISTHot Stocks: Brokerage view on Phoenix Mills, Anupam Rasayan; CLSA downgrades Delhivery CLSA downgraded Delhivery to underperform, Jefferies raised Zydus Life target, and Anupam Rasayan had balance sheet concerns. Citigroup recommended buying Phonix Mills.
21 May, 2024, 11.03 AM ISTDelhivery slides back to losses; Prosus names new CEO Logistics startup Delhivery fell back into the red for the March quarter but managed to narrow its losses on a year-on-year basis. This and more in today’s ETtech Top 5.
17 May, 2024, 08.41 PM ISTCanadian pension fund looks to trim stake in Delhivery via $110 million block deal: Report According to exchange data, CPPIB currently holds 5.96% stake in the firm, which is also backed by the likes of Nexus Ventures, Steadview Capital, Softbank, and Fedex.
24 Apr, 2024, 07.11 PM ISTGolden Crossovers: Delhivery among 3 stocks signaling further bullishness These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on February 6.
07 Feb, 2024, 08.02 AM ISTDeath Crossovers: Raymond among 5 stocks that signal bearishness These stocks' 50-day SMA crossed below their 200-day SMAs on January 18
19 Jan, 2024, 10.02 AM IST