Delhivery Bags Havells Western India Supply Chain Contract; Shares Up 1.08%
Delhivery will manage Havells India's factory-to-customer supply chain across western India, serving general trade, modern trade, and e-commerce channels through joint warehouses. Shares rose 1.08% to Rs 415 on the news.
Delhivery secured a contract to manage Havells India's factory-to-customer supply chain in western India, serving general trade, modern trade, and e-commerce channels via joint warehouses; shares rose 1.08% to Rs 415.
Why this matters
The Havells win adds enterprise logistics revenue as Delhivery navigates post-IPO scrutiny, following its 163% subscribed listing and marquee VC exits like Alpha Wave's Rs 665 Cr sell-down.
Retail-company signals are accelerating, up +556600% QoQ.