DSIJ Mindshare

In FY23, net sales increased by 12.70 per cent to Rs 2,344 crore and net profit increased by 35.71 per cent to Rs 38 crore compared to FY22.

Strengthening this partnership further, Delhivery and Havells will jointly inaugurate new warehouses in western India to cater to the multi-channel demand spanning general and modern trade to emerging e-commerce retail. With its latest acquisition of Algorhythm tech, Delhivery will seek to unlock further value through data-driven optimization of Havells’ supply chain.

It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.

Shares of the company grew by more than 140 per cent in the last six months.

Overall, about 1000 stocks advanced, and 836 stocks declined, suggesting a positive broader market sentiment and a promising start to the trading session.