Stock market today, Feb. 10 -- Extending their weakness to the third straight day on Monday, February 10, shares of Delhivery, the country's largest fully integrated logistics services provider, tumbled another 5%, slipping below the Rs.300 mark for the first time since their listing in May 2022 to record a fresh all-time low of Rs.299.80 apiece.

Today's decline came after the company's December quarter numbers missed analysts' estimates. Despite Q3 being a seasonally strong quarter for Express Parcel due to festivities, the company failed to deliver robust growth, impacted by a consumption slowdown, the rise of quick commerce, and increased insourcing at Meesho.

Moreover, analysts noted higher rental costs following the Bangalore facil...