Delhivery reported a significant 68.5% year-on-year increase in net profit for the first quarter, reaching ₹91 crore, driven by efficient operations and consistent revenue. The company’s express parcel shipments experienced a 14% volume growth, reaching 208 million. The recent acquisition of Ecom Express is expected to further boost Delhivery’s market share in the 3PL segment.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1