Delhivery Hits 52-Week High As JM Financial, Motilal Oswal See Up To 32% Upside
Shares touched ₹491.50 (mcap ₹36,285 Cr) as brokerages reiterated BUY post Ecom Express buy. JM Financial targets ₹605 (32% upside), Motilal Oswal ₹580 (26%). Q4 FY26 revenue ₹2,850 Cr (+30% YoY), net profit ₹72.4 Cr, express volumes +73% YoY, PTL EBITDA margin swung to 13.4% from -8.5%.
Delhivery shares hit 52-week high of ₹491.50 after JM Financial and Motilal Oswal reiterated BUY with 26-32% upside, citing 3PL consolidation post Ecom Express buy, strong Q4 FY26 express volume growth and PTL margin turnaround.
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