Delhivery shares hit new low. Is more downside possible?
Delhivery share price is in serious downtrend in short term, believe experts
Delhivery shares have been in down trend after showing some upside move post-listing on Indian bourses. The public issue of Delhivery was offered at a price band of ₹462 to ₹487 per equity share in May 2022 and Delhivery shares made flat debut in secondary markets but the stock gave sharp upside move post listing and went on hit life-time high of ₹708 on NSE July 2022. After climbing to record high, Delhivery share price has been nosediving continuously and in early deals on Thursday, Delhivery share price today made a new low of ₹299.55 apiece on NSE.
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