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Macquarie also noted that Delhiverys PTL business has scaled up while the operational efficiencies will scale up. The company is well placed to consolidate market share in e-com logistics.
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Indian markets closed flat with gains in auto, FMCG, and IT. Vedanta, near its 52-week high, offers a new entry point. Swan Energy is recommended as a hold, while Eris Lifesciences presents a promising swing trade opportunity with a favorable risk-to-reward ratio.
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Godawari Power & Ispat secured a 7-year RLNG gas supply agreement with GAIL for its new pellet plant. The company's stock, which has performed well this year, closed at Rs 234.10 after a 1.6% rise. The stock is currently trading above its key moving averages.
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News and Media
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