Archive · 24 Jul 2025
Delhivery Acquires Ecom Express: Shares Rise After Acquisition
Delhivery, a logistics company, has finished buying Ecom Express Limited.
They've now bought almost all of Ecom.
This was done by acquiring more shares to add to the shares Delhivery already had.
The whole deal cost about 1,369 crore rupees.
Because of this news, Delhivery's stock went up a little bit.
The stock price closed at 443.65 rupees, and the company's value increased overall.
Delhivery offers many different delivery services.
Delhivery completed the acquisition of Ecom Express Limited.
Delhivery acquired 21.12% of Ecom, bringing its total shareholding to 99.87%.
The acquisition's total purchase consideration was approximately Rs 1,369 crores.
Delhivery's stock closed 1.53% higher at Rs 443.65 on Wednesday.
The company's market capitalization rose to Rs 33,122 crore.
- Who
- Delhivery acquired Ecom Express Limited.
- What
- Delhivery completed the acquisition of Ecom Express Limited.
- When
- The acquisition was completed recently.
- Where
- Information does not specify a location.
- Why
- To expand Delhivery's logistics services.
- Company
- Delhivery
- Acquired Company
- Ecom Express Limited
- Shareholding Acquired
- 21.12% (bringing total to 99.87%)
- Purchase Consideration
- Rs 1,369 crores
- Stock closing price
- Rs 443.65
- Market Cap
- Rs 33,122 crore
- Stock Change
- 1.53%