Motilal Oswal Reiterates Buy Rating on Delhivery with Rs 580 Target Price

Motilal Oswal Financial Services has reiterated a 'Buy' rating on logistics firm Delhivery, setting a target price of Rs 580 per share, indicating a potential 35% upside. The firm highlights Delhivery's automated capacity management system, which uses algorithms to monitor and reroute shipments in real time, optimizing network utilization and improving delivery speed. Industry trends show consolidation and a shift toward technology-driven, reliable express logistics, with Delhivery positioned as a leading integrated platform. The company is expected to achieve strong sales and profit growth through FY25-28.