07 Oct 2025 | 3 Mins Read
Delhivery shares up for third day on positive Macquarie and Kotak forecast
Flipitmoney
Macquarie expressed optimism on Delhivery Ltd, maintaining a "outperform" rating with a ₹540 price target (17% upside). Optimism comes from Delhivery's sharp volume growth and peak daily volume of 6.2 million parcels per day. 19 of 25 analysts have a "buy" rating. Delhivery shares rose for the third consecutive day.