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Analysts eye resistance at ₹400 as Delhivery turns profitable
short by / on Monday, 19 May, 2025
Delhivery shares jumped 12% on Monday after the logistics tech company posted its first-ever full-year net profit for FY25, a milestone that signals a key turnaround in its business trajectory. While the stock soared post-earnings, analysts are divided. Some see continued upside to ₹410, while others flag overvaluation and declining promoter holding as red flags.
read more at Stockwits