Delhivery Share Price Jumps 9.52% Intraday, Closes 5.89% Higher | 2 November 2026

NSE: DELHIVERY · 2 November 2026

Price
₹408.75
Change
+5.89%
High / Low
₹423.00 / ₹397.55
Prev. Close
₹386.00
Volume
1.92 crore
Price as of
2 November 2026 · 03:30 PM IST
Key Takeaways
  • Delhivery Limited shares moved higher in the latest trading session, closing up 5.89% at ₹408.75 compared to the previous close of ₹386.00. The stock opened at ₹399.00 and traded within a daily range of ₹397.55 to ₹423.00, reflecting active buying interest.
  • Delhivery announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, crossing ₹3,000 crores in quarterly revenue from services for the first time at ₹3,066 crores. Express parcel volume grew 32% year-on-year to 325 million shipments, while part truckload freight reached 545,000 MT, contributing to a consolidated PAT of ₹41 crores and an EBITDA of ₹205 crores.
  • Trading volume was 8.36 times the 20-day average daily volume.

Why is Delhivery share price rising on 2 November 2026?

Delhivery Limited shares moved higher in the latest trading session, closing up 5.89% at ₹408.75 compared to the previous close of ₹386.00. The stock opened at ₹399.00 and traded within a daily range of ₹397.55 to ₹423.00, reflecting active buying interest.

The broader market also showed positive momentum as the Nifty index advanced 1.68%, providing a supportive macro backdrop for equities. Delhivery outpaced the wider market benchmark, building on recent positive sentiment with a 5-day return of 9.00% and a 20-day return of 2.19%, indicating robust participation and sustained buying momentum across cash-market segments.

The upward price action follows the company's recent reporting of its consolidated financial results for the quarter and half year ended September 30, 2026, where it crossed ₹3,000 crores in quarterly revenue for the first time. Management highlighted that revenue from services reached ₹3,066 crores—marking a 19.8% year-on-year increase—while EBITDA tripled year-on-year to ₹205 crores and adjusted EBITDA grew to ₹123 crores. Additionally, the board approved an equity investment of up to ₹36 crores in its wholly owned subsidiary, Delhivery Fintech Distribution Private Limited, to fund its operational and business requirements.

1.92 crore shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 22.91 lakh shares (8.36 times). The five-day average daily volume was 18.13 lakh shares. Separately, the NSE report for 2 November 2026 showed 51.04 lakh shares delivered, representing 26.65% of that day’s traded volume. The same report recorded 168,389 trades.

Likely Reason
Strong quarterly financial results and positive operational updates

The stock's 5.89% gain alongside high trading volumes aligns closely with the company's recent Q2FY27 earnings release, which showed record quarterly revenue crossing ₹3,000 crores, tripled EBITDA, and positive management commentary regarding festive season demand and expanding margins.

Latest Company Developments

Q2FY27 Financial Results and Revenue Milestone
30 October 2026

Delhivery announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, crossing ₹3,000 crores in quarterly revenue from services for the first time at ₹3,066 crores. Express parcel volume grew 32% year-on-year to 325 million shipments, while part truckload freight reached 545,000 MT, contributing to a consolidated PAT of ₹41 crores and an EBITDA of ₹205 crores.

Demonstrates robust top-line scaling, improved operational leverage, and stronger profitability metrics heading into the peak festive season.

Investment in Wholly Owned Subsidiary DFDPL
30 October 2026

The board of directors approved an equity investment of up to ₹36 crores in one or more tranches into Delhivery Fintech Distribution Private Limited (DFDPL), its wholly owned subsidiary incorporated on June 2, 2026. The funds will be utilized to finance the operational and business requirements of DFDPL as it distributes fintech, insurance, payment, and telematics solutions.

Facilitates the scaling of new high-margin verticals and expands the monetization of the company's logistics vendor and merchant ecosystem.

Shareholder Letter Highlighting AI and New Initiatives
30 October 2026

In the letter to shareholders for Q2FY27, management provided detailed updates on network service levels, capital expenditure discipline, and growing traction in new initiatives like Delhivery Local and International services. The update noted that Delhivery Local is live across 8 cities and is tracking toward an annualized revenue run-rate exceeding ₹250 crores by Q4FY27.

Provides investors with visibility into operational efficiencies, cost controls, and the faster-than-planned ramp-up of new growth drivers.

Stock Picks Today: Delhivery, NSE, Muthoot Finance, Sun Pharma, BEL, And More On Brokerages' Radar – NDTV Profit
2 November 2026

Stock Picks Today: Delhivery, NSE, Muthoot Finance, Sun Pharma, BEL, And More On Brokerages' Radar NDTV Profit

Delhivery shares rally 9% as company swings to ₹41 crore profit in Q2FY27 – Business Standard
2 November 2026

Delhivery shares rally 9% as company swings to ₹41 crore profit in Q2FY27 Business Standard

Ownership & Transaction Activity

Shareholding
As of 30 September 2026
Promoter holding
0.00%
0.00% on 30 June 2026
FII/FPI
39.53%
41.93% on 30 June 2026
Institutional holding
85.48%
85.01% on 30 June 2026

NSE shareholding filing →

Mutual Fund Holdings

Mutual-fund ownership

Mutual funds held 41.55% on 30 September 2026. This compares with 39.26% on 30 June 2026, a change of +2.29 percentage points.

The filing reported 38 MF/UTI holders.

MIRAE ASSET ELSS TAX SAVER FUND
30 September 2026
5.71 crore shares · 7.63%
SBI CONTRA FUND
30 September 2026
5.26 crore shares · 7.01%
HDFC MUTUAL FUND – HDFC MID-CAP FUND
30 September 2026
4.15 crore shares · 5.53%
These are quarterly holdings, rather than purchases or sales on the article date.

NSE shareholding filing →

Historical Bulk / Block Deals

ALPHA WAVE VENTURES LP
24 June 2026
Sell · 72.22 lakh shares · ₹460.36

NSE-reported large-deal disclosure
NEXUS VENTURES III LIMITED
23 June 2026
Sell · 43.24 lakh shares · ₹481.00

NSE-reported large-deal disclosure

What to Watch Next

  • Sustained express and PTL volume growth through the remainder of the festive season in Q3FY27.
  • Execution progress and revenue run-rate expansion in new initiatives like Delhivery Local and Financial Services.
  • Capital expenditure intensity trends and maintenance of working capital improvements below guided levels.
  • Adoption rates of automated sort centers and in-house physical AI and robotics deployments.

Other Dated Coverage

More Delhivery news and dated analysis →

Frequently Asked Questions

What is the latest Delhivery company news?

Delhivery announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, crossing ₹3,000 crores in quarterly revenue from services for the first time at ₹3,066 crores. Express parcel volume grew 32% year-on-year to 325 million shipments, while part truckload freight reached 545,000 MT, contributing to a consolidated PAT of ₹41 crores and an EBITDA of ₹205 crores.

How strong was Delhivery’s trading volume?

1.92 crore shares traded, 8.36 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.

Do the mutual-fund figures show buying today?

They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.

Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst

Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.

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