India's Delhivery gains after CCI approval for Ecom Express stake acquisition

Delhivery

18/06/2025 07:17

** Shares of logistics services provider Delhivery DELH.NS rise 2.2% to 366.75 rupees

** Competition Commission of India approves acquisition of at least 99.4% stake of Ecom Express ECOE.NS by DELH for up to  14.07 bln rupees ($162.96 mln)

** DELH up ~6% YTD

($1 = 86.3425 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))