eCommerce

Delhivery Shares Jump 4.6% In Morning Trade

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SUMMARY

The stock’s rally comes despite the company receiving a tax demand notice of INR 3.32 Cr from the Goods and Services Tax (GST) authorities in West Bengal

Just a day before receiving this GST notice, the company allotted over 8.2 Lakh equity shares under its various employee stock option (ESOP) schemes

Despite strong Q3 performance, the stock has dipped 13.60% at the previous closing price since its Q3 result announcement

Shares of logistics giant Delhivery surged as much as 4.6% during early trading hours on the…

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