02-Nov-2026 08:25:39
DELHIVERYGeneral news
KOTAK ON DELHIVERY ; BUY | TP ₹550
• Q2 EBITDA UP 29% YoY, beating estimates by 16%. • Improved service margins support EBITDA growth. • Express parcel yields improve; PTL and supply-chain services support profitability. • Working capital declines to just 5 days of sales. • Meesho's insourcing remains a key risk.
DELHIVERY LIMITED