Delhivery Limited shares traded in the green on April 7, 2025, following its announcement of acquiring a 99.4% stake in Ecom Express Limited for up to ₹1,407 crore. This all-cash deal marks a significant step in Delhivery’s strategic expansion within the Indian logistics sector.
Ecom Express, based in Gurugram, has demonstrated consistent revenue growth—from ₹2,090 crore in FY22 to ₹2,607 crore in FY24. The acquisition, approved by Delhivery’s Board, positions the company to significantly scale its operations and enhance service efficiency.
The deal aligns with Delhivery’s focus on expanding its logistics network and investing in automation, electric vehicles, and cutting-edge R&D including robotics and drone technology. By integrating Ecom’s robust infrastructure, Delhivery aims to boost delivery capabilities and compete more aggressively in the e-commerce-driven logistics landscape.
Delhivery shares opened at ₹244.60 today, hitting a high of ₹264.00 and a low of ₹238.50 during trading. The stock remains close to its 52-week low of ₹236.53, significantly down from the 52-week high of ₹478.00. As of 10:37 AM, the shares were trading 0.077% higher at Rs 259.00.
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