Positive impactResults
Delhivery shares jump 9.5% after Q2 results; JPMorgan, Jefferies, Kotak, Citi maintain buy calls
BusinessLine 1 hr ago·2 Nov 2026, 5:13 am
Delhivery shares surged nearly 10% following its second-quarter results, which showed a standalone profit after tax (PAT) of ₹66.7 crore for the September 2026 quarter. This figure represents a slight decline from ₹78.2 crore in the previous quarter but remains above the ₹58.4 crore recorded in the same period last year, indicating a stable financial position for the logistics firm.
The stock's rally comes on the back of renewed confidence from major global brokerage houses. JPMorgan, Jefferies, Kotak, and Citi have all maintained their 'buy' ratings on the stock. For investors, this endorsement suggests that the company’s operational performance is being viewed positively despite the sequential dip in quarterly profits.
Moving forward, market participants should focus on the company's future guidance regarding volume growth and operational efficiency. Analysts will also be closely watching the broader trends in the logistics sector to see if this positive sentiment continues to drive the stock price higher.
Excerpt from BusinessLine
The company reported standalone profit after tax (PAT) of ₹66.7 crore in the September 2026 quarter, compared with ₹78.2 crore in the June 2026 quarter and ₹58.4 crore in Q2FY26. Delhivery shares jumped 9.5 per cent on Monday following the company’s Q2FY27 results, with brokerages highlighting improved margins, higher…Read the original at BusinessLine
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Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Delhivery (DELHIVERY).
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Delhivery worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
