Delhivery Shares Plunge 4% as Net Profit Tumbles 65% YoY; Nuvama Maintains Buy Rating

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10 August 2026 at 12:16 pm

Delhivery Shares Plunge 4% as Net Profit Tumbles 65% YoY; Nuvama Maintains Buy Rating

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Summary

Delhivery shares dropped 4% after the company reported a 65% year-on-year decline in Q1 FY27 net profit, despite a 28% rise in revenue. Nuvama maintained its 'Buy' rating but reduced the target price.

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