Delhivery Shares Surge ~5% After Major Chandigarh Gateway Hub Upgrade

Delhivery’s share price surged by approximately 4.5 – 5% on June 24, 2025, following an announcement about the expansion of its Chandigarh Gateway Hub . Let’s dig into what’s driving investor enthusiasm and what this move means for Delhivery’s growth strategy:

Stock Market Response

• By early trading (around 12:47 PM IST), shares climbed ~4.36%, reaching ₹376.20 on the BSE (intraday high: ₹377)
• The uptick outperformed broader markets, as the BSE Sensex was up around 0.82% at the same time
• Delhivery’s market cap now stands at approximately ₹28,075 crore, with its 52-week high and low at ₹447.75 and ₹236.80 respectively

What’s New at the Chandigarh Gateway Hub

• Capacity increase: The expanded hub covers 235,000 sq ft, boosting storage capacity by roughly 30% to cater to northern India’s rising logistics needs
• Green efficiency:
  • Rooftop solar (350 kW)
  • 1,000 L wastewater recycling system
  • Fiber roofing for natural lighting
    All elements designed to lower energy usage and environmental impact

Strategic Implications

• Northern India push: The Chandigarh hub supports Delhivery’s broader operational network in Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh, supplementing its 20+ sorting centers and 360+ delivery stations
• Scalability: Enhanced sortation and capacity streamline handling during peak demand periods like the festive season, improving customer service through faster, more reliable deliveries.
• Sustainability credentials: Investments in solar and wastewater systems align with ESG goals, improving energy efficiency and compliance.

💬 Perspectives from the Market

Reddit users following Delhivery stock noted its strong fundamentals and rising institutional support:
Delhivery stock showing strength in this market… it has one of the most FII and DII holdings last I checked