Delhivery shares fell 4% after the logistics company reported a 65% YoY decline in Q1 FY27 net profit to Rs 32 crore, despite a 28% rise in revenue. Nuvama retained its Buy rating but cut the target price to Rs 570.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef