Delhivery Ltd. attracted market attention on November 2 after reporting a return to quarterly profitability, according to market updates. Its shares were reported to have risen around 7.2% during the session as investors responded to the earnings development.
The logistics company operates across express parcel delivery, part-truckload freight, supply-chain services and related logistics solutions. Its quarterly performance is being monitored as a measure of demand and operating conditions in India’s logistics sector.
The reported share movement was an intraday development and should not be interpreted as the stock’s closing performance.
