Delhivery Stock Soars After Q1; Target Raised

  • Delhivery's Q1 FY26 net profit jumped 67% YoY to ₹91 Cr; revenue up 6% to ₹2,294 Cr.
  • Delhivery completed Ecom Express acquisition for up to ₹1,407 Cr, expanding its reach.
  • Motilal Oswal raised Delhivery's target price to ₹500, citing growth and margin expansion.
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