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Delhivery shares recover 24% from 52-week low; another 61% upside likely in a year

Delhivery shares zoom 15% to record high: What s powering the rally?

Shares of Delhivery rose over 15 per cent in volatile market today after brokerage Credit Suisse initiated coverage on the stock. Stock of the logistics tech company zoomed 15.24 per cent intraday to Rs 617.70 against the previous close of Rs 536 on BSE. The market cap of Delhivery rose to Rs 43,053 crore. A total of 3.37 lakh shares of the firm changed hands amounting to a turnover of Rs 19.67 crore on BSE.

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