scorecardresearchKotak Securities initiates coverage on Delhivery with a 'reduce' call; here's what the brokerage says

Kotak Securities initiates coverage on Delhivery with a 'reduce' call; here's what the brokerage says

Updated: 09 Sep 2022, 10:39 AM IST
TL;DR.
Kotak underscored that Delhivery is well-positioned operationally to drive a 26% decadal EBITDA CAGR.
Kotak said that the stock's current market price does not factor in a growth moderation in the e-commerce sector volumes.

Kotak said that the stock's current market price does not factor in a growth moderation in the e-commerce sector volumes.