Delhivery Limited
Sundaram Mutual Fund increased its stake in Delhivery Limited from 1.60% to 1.86%, raising its shareholding by 1,954,168 shares to a total of 13,943,255 shares. The shares are valued at approximately ₹87.05 Cr, with Delhivery trading at ₹444.75 apiece.
A logistics services provider offering comprehensive solutions including express parcel delivery, freight services, warehousing, and supply chain management across India. The company handles both light parcels and heavy goods, serving e-commerce businesses and enterprises through integrated logistics infrastructure. It provides value-added services such as e-commerce returns processing, payment collection, installation support, and fraud detection, backed by technology-enabled operations and nationwide network coverage.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.