{"id":113917,"date":"2023-11-17T16:27:59","date_gmt":"2023-11-17T10:57:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113917"},"modified":"2023-11-17T16:47:20","modified_gmt":"2023-11-17T11:17:20","slug":"logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/","title":{"rendered":"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4125289194\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1954624772\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 2:22 p.m. the shares of Delhivery Limited were trading at Rs. 400.45, down 3.24 percent from its previous day&#8217;s close price of Rs. 413.85 and its market capitalization is Rs. 29,444 Crores.&nbsp;<\/p><p>As per the reports, On November 16, Softbank\u2019s entity SVF Doorbell (Cayman) Limited was likely, looking to sell its stake in Delhivery Limited, and the stake sale was valued at $150 million.&nbsp;<\/p><p>As, per the latest reports available, around 1.8 Crore shares or 2.51 percent stake in the company valued at Rs. 747 Crores have changed hands on November 17, 2023, at Rs. 403 per share.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1648937574\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As per the latest shareholding data available for the quarter ended September 2023, SVF Doorbell(Caymen) held around 14.46 percent stake consisting of 10.60 Crore shares in Delhivery Limited.&nbsp;<\/p><p>The company\u2019s revenue grew 4.98 percent from Rs. 6,882.29 Crores in FY22 to Rs. 7,225.3 Crores in FY23, accompanied by losses of Rs. 1,011 Crores to Rs. 1,007.78 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of -10.98 percent and a return on capital employed (ROCE) of -9.86 percent, it is not making returns on its equity and capital employed thereby resulting in continuous losses over time.&nbsp;<\/p><p>According to the latest shareholding data available for the quarter ended September 2023, the company\u2019s Promoters hold 0.00 percent stake, the Foreign Institutional Investors (FII) hold 65.50 percent and the Domestic Institutional Investors hold 14.68 percent.&nbsp;<\/p><p>Delhivery Limited is one of the leading and largest integrated logistics services providers in India. It provides a full range of Logistics services, including delivery of express parcels and heavy goods, partial truckload shipping, full truckload shipping, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software.&nbsp;<\/p><p><strong>Written by: Bharath KS<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-307553948\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3482986147\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.&nbsp; At 2:22 p.m. the shares of Delhivery Limited were trading at Rs. 400.45, down [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":29416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-113917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-17T10:57:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-17T11:17:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/\",\"url\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/\",\"name\":\"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg\",\"datePublished\":\"2023-11-17T10:57:59+00:00\",\"dateModified\":\"2023-11-17T11:17:20+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0 - Trade Brains Features","description":"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/","og_locale":"en_US","og_type":"article","og_title":"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0","og_description":"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-17T10:57:59+00:00","article_modified_time":"2023-11-17T11:17:20+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/","url":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/","name":"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg","datePublished":"2023-11-17T10:57:59+00:00","dateModified":"2023-11-17T11:17:20+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day\u2019s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Softbank-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-falls-4-after-softbank-likely-sold-2-5-stake-in-the-company\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Logistics stock falls 4% after Softbank likely sold 2.5% stake in the company\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=113917"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113917\/revisions"}],"predecessor-version":[{"id":113918,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113917\/revisions\/113918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/29416"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=113917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=113917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=113917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}