Softbank said to have sold 1.8 crore shares of Delhivery, stock falls 4%

November 17, 2023

According to reports, Softbank was looking at selling about 4% stake in the logistics services provider. So far in 2023, shares of Delhivery have given healthy returns of nearly 22% to investors. In March, SoftBank sold 2.84% stake in Delhivery for Rs 954.2 crore through multiple block deals in the open market.

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