Delhivery shares drop 4% amid block deal buzz; Softbank likely seller
Softbank looks to raise around $150 million by selling around 4% stake in Delhivery via block deal route.
Softbank looks to raise around $150 million by selling around 4% stake in Delhivery via block deal route.
Net loss of the logistics services provider widened to ₹196 crore in the third quarter.
The logistics company's market cap has fallen to $2.8 billion.
Consumer discretionary spending remained muted due to continuing high levels of inflation, says Delhivery in Q2 update.