Barring Fsn E-Commerce Ventures and Delhivery, Zomato, Paytm, and PB Fintech may rally up to 19%, show technical charts

Nykaa, Paytm, Zomato: How to trade new-age companies post Q4 results?

The Delhivery stock kept making loud blips on the mutual fund radar with an 8 percent rise in the market. While Gati lost nearly 17 percent, the AllCargo Logistics stock gained around 18 percent year to date

MF romance with logistics deepens with Delhivery, but fizzles out for Gati

Sudip Bandyopadhyay suggests waiting to see whether the long-run performance of businesses such as Nykaa and Delhivery and any significant changes to their valuations will occur. He also admires the cement industry, specifically Birla Corporation and Larsen & Toubro, and advises cautiousness with Pa…

Stay away from Paytm & Zomato; wait for right moment to enter Nykaa, Delhivery: Sudip Bandyopadhyay

Media reports earlier on Tuesday said that Delhivery is in early talks with All Cargo Group’s company Gati, citing sources.

Delhivery denies talks to acquire logistics firm Gati: filing

Given the large quantum of corporate overhead costs, operating breakeven seems far away.

Delhivery: A reality check on the growth hype

​​ET reported on May 11 that growth in shopping across ecommerce platforms had been slower than anticipated, citing industry executives, multiple brands and third-party platforms tracking shipment and sales data.

Expect e-commerce to grow between 15-20% year-on-year: Delhivery CEO

JSW Steel’s March quarter results beat Street estimates on Ebitda front, led by higher volume, low raw material cost, in addition to reduced power and fuel (P&F) costs. That said, the stock trades at high valuations, leaving limited scope of upside ahead.

Vedanta, JSW Steel, PB Fintech, NTPC, Delhivery, BPCL, VRL Logistics and Cochin Shipyard among stocks in focus today

PB Fintech, after a prolonged downtrend, is now showing signs of a trend reversal. On the daily chart, the stock has started making a higher top-higher bottom formation.

Nykaa, Delhivery, PB Fintech: How to trade these new-age stocks amid results season?

Jefferies has a price target of Rs 570 apiece, implying a 58% upside over the next 12 months.

Delhivery Shares Gain As Q4 Loss Beats Estimate; Jefferies Positive On B2B Growth

Among the stocks that will see action on May 22, 2023 are BPCL, Dhanlaxmi Bank, Shree Cement, Policybazaar, Shreyas Shipping and Delhivery

Stocks that will see action on May 22, 2023

Stocks to watch: Shares of firms like PNB, NTPC, Vedanta, Delhivery, Power Grid, BPCL, PB Fintech, and others will be in focus on Monday’s trade.

Stocks to Watch: PNB, NTPC, Vedanta, Delhivery, Power Grid, BPCL, PB Fintech, and Others

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Delhivery Pvt Ltd is an India-based supply chain services company. The Company offers fulfilment platform for digital commerce.

Delhivery Ltd