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The latest update is out from Delhivery Limited ( (IN:DELHIVERY) ).
Delhivery Limited has successfully tested its autonomous logistics drone in Deoria, Uttar Pradesh, marking a significant step towards enhancing high-speed rural connectivity in India. This demonstration showcased the drone’s ability to complete a 12km flight path in just 12 minutes, significantly faster than traditional road transport, and highlighted the potential for transforming last-mile delivery in rural areas. The initiative aligns with governmental efforts to promote technological advancements and improve accessibility in rural regions, with the potential to create new high-skill jobs in the drone ecosystem.
More about Delhivery Limited
Delhivery is India’s largest fully-integrated logistics services provider, offering a comprehensive range of logistics solutions including express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services. The company operates a nationwide network covering over 18,850 pin codes and has fulfilled over 4.0 billion shipments, serving more than 48,000 customers, including e-commerce participants, SMEs, and other enterprises.
Average Trading Volume: 106,173
Technical Sentiment Signal: Hold
Current Market Cap: 302.9B INR
For a thorough assessment of DELHIVERY stock, go to TipRanks’ Stock Analysis page.