Delhivery share price falls over 6% after Q3 miss; time to buy or sell?
By
Binu Mathew
Delhivery share price dropped 6.6 per cent to a low of ₹295.8 per share on the BSE on Monday after analysts cut their earnings estimate on the stock, following weak results for the December quarter (Q3) of the current financial year (FY25).
Q3 is a seasonally strong quarter due to festive pick-up in demand.
The stock ended 6.25 per cent lower at ₹296.95 per share as against 0.7 per cent (548 points) decline in the benchmark BSE Sensex on Monday.