Shares Fresh Time: Latest Updates and Analysis

Delhivery Shares Slide 4% To Touch Fresh All-Time Low

Although the organization reported strong financial results in the third quarter of the current fiscal year (Q3 FY25).

Two days back, the business stated in a filing that it had received an order from the West Bengal Goods and Services Tax (GST) department, asking it to pay INR Cr tax amount.

Shares of logistics giant Delhivery slumped as much as to hit an all-time low of INR during the intraday trading session on the BSE today (February 28).

Shares of logistics giant Delhivery slumped as much as to hit an all-time low of INR during the intraday trading session on the BSE today (February 28).

Two days back, the organization stated in a filing that it had received an order from the West Bengal Goods and Services Tax (GST) department. Asking it to pay INR Cr tax amount.

However, the stock shed some loss to trade below at at 12:30 AM. At this point, Delhivery’s market capitalisation stood at INR 18, Cr with as many as Lakh shares trading hands by then.

The stock is extending its 5-day losing streak and has slumped in the last 5 trading sessions at its current market price.

Taking a broader timeframe of the last month and one year it has dipped and. 48% at the current market price.

Although the organization reported strong financial results in the third quarter of the current fiscal year (Q3 FY25).

Delhivery’s consolidated net profit zoomed 114% to INR Cr in Q3 FY25 from INR Cr in the year-ago quarter on the back of strong growth in its revenue. Sequentially, net profit surged 145% from INR Cr.

Brokerages have cut their price targets (PT) on the stock taking a bearish stance, as per NDTV Profit.

Goldman Sachs maintained a ‘neutral’ rating on Delhivery. But lowered its target price to INR 370 from INR 400. Meanwhile, Morgan Stanley downgraded to ‘equal-weight’ from ‘overweight’ and reduced PT to INR 320 from INR 450, as per investigation.

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Yatra Shares Drop 3% To Hit Fresh All-Time Low

As of its last close, the stock has lost in value, year-to-date.

The organization’s shares are set to mark its hat trick session of closing below the line, if current loss holds.

Shares of the online travel aggregator Yatra dropped to mark a fresh all-time low of INR 70 apiece, compared to its previous close of INR apiece on Thursday.

Shares of the online travel aggregator Yatra dropped to mark a fresh all-time low of INR 70 apiece during the intraday trading session on the BSE today (February 28).

The stock was last down at INR per share on the BSE as of 11:51 AM, compared to its previous close of INR apiece on Thursday (February 27).

The market capitalisation currently stands at INR 1, Cr.

The organization’s shares are set to mark its hat trick session of closing below the line, if current loss holds.

Despite its strong quarterly earnings led by robust growth in its hotels and packages business. Yatra’s stock has remained largely in red and has been dragging to its all-time low multiple times in this month alone.

As of its last close, the stock has lost in value, year-to-date.

The corporate travel services provider’s consolidated profit after tax (PAT) skyrocketed 845% to INR 10 Cr in Q3 FY25 from INR Cr in the year-ago period. Its operating revenue zoomed 113% to INR Cr in Q3 FY25 from INR Cr in the year-ago quarter.

To note, the stock has been slackening heavily due to the impact of the broader market volatility following US President Donald Trump’s announcement of imposing new tariff plans, weak trading volumes and higher sell offs from foreign institutional investors (FIIs).

The broader Indian market indices are still shadowed by the influences mentioned above, where BSE Sensex is down at 73,, while Nifty 50 is at 22,, a decline of , as of 11:59 AM.

Notably, of the new-age tech stocks under Inc42’s coverage, MobiKwik’s stock slumped . Also marking its all-time low of INR apiece, extending its five-day losing streak.

Meanwhile, shares of Delhivery and Tracxn touched their 52-week low of INR and INR per share, respectively.

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TBO Tek Shares Slip 6% During Morning Trade

Earlier this month, brokerage PhillipCapital reaffirmed its ‘buy’ call on TBO Tek, citing strong business growth in the December quarter.

The stock slightly recovered at the time of writing and was trading lower at INR apiece on the BSE.

With a drop in its share price, the corporation's market capitalisation stood at INR 13,870 Cr at 12:38 PM with more than Lakh shares traded hands by then.

Shares of travel tech corporation TBO Tek nosedived over 6% to INR 1,273 during the intraday trading session on the BSE today (February 28).

With a drop in its share price, the enterprise’s market capitalisation stood at INR 13,870 Cr at 12:38 PM with more than Lakh shares traded hands by then.

The stock slightly recovered at the time of writing and was trading lower at INR apiece on the BSE.

Earlier this month. Brokerage PhillipCapital reaffirmed its ‘buy’ call on TBO Tek, citing strong business growth in the December quarter. The brokerage gave the stock a target price of INR 2,090.

At the current market price, the stock lost over 9% in the last one year and around 18% in the past month.

TBO Tek reported a nearly 2% decline in its consolidated net profit to INR Cr in Q3 FY25 from INR Cr in the year-ago quarter.

Sequentially, net profit declined almost 17% from INR Cr.

However, the corporation’s operating revenue zoomed over 29% to INR Cr during the quarter under review from INR Cr in Q3 FY24 on the back of strong growth in the hotels and ancillaries segment, both in India and the international markets.

Founded in 2006 by Ankush Nijhawan and Gaurav Bhatnagar, TBO Tek offers a wide range of travel services to travel agents and. Tour operators, such as hotel reservations, flight bookings, holiday packages, insurance cover, car rentals, among others.

The business has been expanding its overseas operations for quite some time. In December last year, it set up a new wholly-owned subsidiary in Indonesia as part of its plans to strengthen its footprint in the region.

Prior to that, TBO Tek incorporated a step-down subsidiary. TBO Tek Australia with its headquarters in Sydney. The subsidiary was set up to offer business support services, including marketing and promotional activities, to TBO Tek in Australia.

The firm went public in May last year with its shares listing at INR 1,380 on the BSE, registering a premium of 55% to its issue price.

Since the start of this year, the stock has lost in value.

The market capitalisation of the organization currently stands at INR Cr.

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