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Bloomberg Quint

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Image Credit: Bloomberg Quint

Heard On The Street: Delhivery Faces Sell-Off, Mphasis Sees Big HNI Buys

  • Delhivery is facing sell-off pressure from a foreign emerging market investor.
  • Trent Ltd. is experiencing a concern over potential inventory build-up, affecting margins in upcoming quarters.
  • Mphasis Ltd. and Coforge Ltd. are seeing sustained buying interest from high net-worth investors, likely due to strong momentum in IT stocks.
  • Suprajit Engineering Ltd. has entered the anti-lock braking system segment and is receiving early interest from potential customers.

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