Delhivery shares jump 9.7% after Q2 profit swing
In short
Delhivery shares rose 9.7% to an intraday high of ₹423.35 on the BSE after the company reported a quarterly profit of ₹41 crore.
This matters because investors reacted positively to the return to profit. The report does not say what drove the improvement or whether the gain held through the day.
What the reporting says
Delhivery shares jumped 9.7% to an intraday high of ₹423.35 on the BSE after the logistics company reported a quarterly swing to profit. The source headline says the profit was ₹41 crore, but the snippet does not provide the full quarter, revenue, or the reason for the turnaround. The immediate consequence is a sharp share-price rally, while the broader operational driver is not stated.
Why it matters
Delhivery’s shares rose 9.7% to an intraday high of ₹423.35 on the BSE after the logistics company reported a quarterly swing to a ₹41 crore profit. The provided snippet does not include the quarter, revenue figure, or the specific reason for the improvement. The move suggests stronger investor sentiment toward the company after the earnings update.