Delhivery Ltd shares surged over 3% in early trading on Tuesday, driven by positive market sentiment surrounding potential shipment price increases in the logistics sector. Investors reacted after key competitors Blue Dart Express and Allcargo Gati announced General Price Increases (GPI) effective January 1, 2026.
Blue Dart Express Limited, a leading player in South Asia’s express air and integrated transportation services, revealed that shipment prices are set to rise between 9% and 12%, depending on product categories and customer shipping profiles. Meanwhile, Allcargo Gati Ltd announced a 10.2% GPI for its Express Distribution services, aiming to manage rising operational costs while continuing investments in technology, infrastructure, and customer service excellence.
The announcement from competitors created positive market sentiment for Delhivery, which is perceived as likely to benefit from a similar price adjustment strategy.
Delhivery’s stock performance today reflects this optimism: the share opened at ₹440, hit an intraday high of ₹453.85, and recorded a low of ₹440.00. The stock’s 52-week range is between ₹236.53 and ₹489.10, with a trading volume of 15,46,883 shares as of 10:08 AM.
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