India, Feb. 10 -- Shares of listed logistics company Delhivery fell as low as 6.4% to INR 296.50 apiece, marking its fresh 52-week low on the BSE intraday trading session today (February 10), despite strong third quarter earnings.

The company's shares are set to end in red for the fourth straight session, if current loss holds. To note, of the last 10 trading sessions, the stock has ended seven sessions below the line.

The stock was last down about 6% at INR 297.45 per share, on the BSE, as of 12:57 PM, while its market capitalisation stood at INR 22,117.78 Cr ($2.52 Bn).

Delhivery's shares closed at INR 316.75 as of Friday (February 7).

This comes after the logistics company's consolidated net profit zoomed 114% to INR 24.98 Cr in Q3...