Delhivery Share Price in Focus After ₹1,407 Cr Ecom Express Acquisition Gets CCI Nod

Delhivery–Ecom Express Deal Gets CCI Nod: ₹1,407 Cr Bet to Transform Indian Logistics

India’s leading logistics and supply chain tech platform Delhivery Ltd is in the spotlight after receiving Competition Commission of India (CCI) approval to acquire a controlling stake in Ecom Express for ₹1,407 crore. The move is widely seen as a significant step toward consolidation in India’s fragmented logistics sector and could give Delhivery a sharp edge in last-mile delivery and warehousing.

🧾 Deal Snapshot: Delhivery Acquires Ecom Express

• Deal Size: ₹1,407 crore
• Stake Acquired: At least 99.44% equity and preference shareholding in Ecom Express
• Status: Approved by CCI as of June 2025
• Objective: Strengthening last-mile delivery, warehousing, fulfillment, and pan-India logistics network

Delhivery had earlier announced the deal in April 2025. With CCI clearance now secured, the company is all set to absorb Ecom Express into its expansive ecosystem of logistics tech, warehousing, and third-party delivery infrastructure.

📦 About Delhivery Ltd

Delhivery is India’s largest fully integrated logistics company. It offers express parcel services, freight, warehousing, supply chain solutions, and cross-border logistics across 18,700+ pin codes.

Key Business Segments:

• Express Parcel (58.7% revenue): 740 million parcels shipped in FY24
• Part-Truck Load Freight (20%): B2B express transport using its Orion tech platform
• Truckload Freight (7.2%): Brokerage through digital match-making between shippers and fleet owners
• Supply Chain Services (11.9%): Warehousing + transportation + data analytics
• Cross-Border (2%): International express + cargo via “Starfleet” global shipping network

Tech & Infra:

• 29 Sortation Centers & 111 Gateways
• Automated capacity of 7.1 million shipments/day
• 80+ tech applications for real-time decision-making
• Team size: 67,897 employees

📈 Delhivery Stock Performance

Delhivery shares closed at ₹358.80 on BSE in the last session, down 1.7%. However, the stock has surged over 48% in the past three months, signaling strong investor confidence. Despite this rally, it remains 12% lower YoY.

💹 Technicals:

• RSI: 57.7 (Neutral zone)
• MACD: 14.3 (above centerline, momentum visible)
• Analyst Rating: ‘Buy’ by 23 analysts
• Average Target Price: ₹413 (approx. 15% upside)

📊 What This Deal Means for Investors

Delhivery’s acquisition of Ecom Express will enhance scale, technology access, and network efficiency, especially in Tier 2–4 cities. Here’s how it can impact investors:

• Market consolidation: Lower competition in B2C delivery
• Economies of scale: Improved cost efficiencies via shared infrastructure
• Revenue growth: More warehousing and last-mile customers
• Tech synergy: Leverages both platforms’ data-driven operations

🏢 Strategic Infrastructure Highlights (FY24–FY25)

• Commissioned a 1.2 million sq. ft. gateway in Bhiwandi
• Expanded Medchal (Hyderabad) hub capacity from 40K to 140K bags/day
• Added 150 new 46-ft tractor trailers for long-haul operations
• Invested ₹601 crore in IT and infra upgrades in FY24

🚚 Ecom Express + Delhivery = What’s Next?

Ecom Express, known for its speed and reach in Tier 3–4 cities, complements Delhivery’s already wide network. Together, they may now service over 20,000 pin codes with higher operational synergy and digital infrastructure, possibly becoming the largest e-commerce logistics force in India.

✅ Final Take: Is Delhivery Stock a Buy Now?

The ₹1,407 crore acquisition of Ecom Express gives Delhivery a massive edge in last-mile fulfillment and cost-efficiency. With rising e-commerce penetration and strong Q1 momentum, many analysts believe this deal is a long-term growth enabler.

Verdict: With a consensus 'Buy' rating and technical strength, Delhivery may continue its upward trend — especially post-integration. However, long-term gains will depend on smooth execution and margin protection.

📢 Disclaimer:

This content is for informational purposes only. It does not constitute investment advice. Please consult a SEBI-registered financial advisor before investing in stocks.