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Delhivery shares plunge 4% as net profit tumbles 65% YoY. Why Nuvama still maintains Buy rating

Partially corroborated51

The shares of Delhivery plunged 4% on Monday after the logistics major reported a 65% year-on-year decline in net profit to nearly Rs 32 crore for the first quarter of FY2027, from Rs 91 crore reported in the same period last year.Delhivery shares opened at Rs 456.40 apiece on Monday morning afte...

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