Delhivery Share Price Falls 7% on April 8; Announces ₹1,400 Crore Ecom Express Deal

Delhivery Ltd has been in focus on Tuesday. On April 8, 2025, Delhivery share price opened at ₹275.00, up from its previous close of ₹268.35. At 11:14 AM, the share price of Delhivery was trading at ₹249.55, down by 7.01% on the NSE. The stock price hit its 52-week low at ₹236.53 on March 13, 2025. 

Acquisition of Controlling Stake in Ecom Express

On April 6, 2025 (Saturday), Delhivery announced that it had signed a definitive agreement to acquire a controlling stake in Ecom Express Limited for a cash consideration of approximately ₹1,400 crore. The deal is still subject to regulatory approvals from the Competition Commission of India and standard closing conditions. Shardul Amarchand Mangaldas & Co. served as the legal advisor, while Ernst & Young provided financial and tax diligence support.

This acquisition is expected to significantly expand Delhivery’s presence in the Indian logistics and e-commerce delivery space, aligning with its long-term growth strategy.

Post the announcement, on Monday, the share price of Delhivery opened at ₹244.60, down from its previous close of ₹258.80. However, the stock price touched its day’s high at ₹271.30 before closing at ₹268.35. 

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About Delhivery Ltd

Delhivery is among India’s fully integrated logistics service providers. With a vast network spanning over 18,700 pin codes nationwide, the company offers a comprehensive suite of logistics solutions, including express parcel delivery, partial truckload (PTL) and full truckload (TL) freight, cross-border logistics, supply chain management, and technology-driven services. Since its inception, Delhivery has completed more than 3.4 billion shipments and currently serves over 39,000 customers. These include a mix of large and small e-commerce players, SMEs, enterprises, and well-known brands.

Conclusion

Investors will closely monitor regulatory developments and the company’s next earnings report to gauge the broader impact of this acquisition.

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