New Delhi, July 9 -- Delhivery share price in focus today: Extending their winning streak for the sixth consecutive session on Wednesday, July 9, shares of Delhivery, the country's largest fully integrated logistics services provider, rose another 3% to hit a nine-month high of Rs.420.80 apiece.

The stock has been on a strong upward trajectory since its April lows, driven by positive business developments and renewed investor sentiment. The latest boost came after domestic brokerage Motilal Oswal initiated coverage on the stock with a 'Buy' rating and a target price of Rs.480 per share, indicating an upside of nearly 18% from Tuesday's closing price.

In its report, Motilal Oswal highlighted Delhivery's strategic focus on acquisitions an...