Blue Dart Express gains on raising stake in Blue Dart Aviation

23 Jun 2015 Evaluate

Blue Dart Express is currently trading at Rs 6105.05, up by 37.00 points or 0.61% from its previous closing of Rs. 6068.05 on the BSE.

The scrip opened at Rs. 6110.00 and has touched a high and low of Rs. 6141.70 and Rs. 6100.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 7850.00 on 14-Jan-2015 and a 52 week low of Rs. 3700.00 on 05- August -2014.

Last one week high and low of the scrip stood at Rs. 6,220.00 and Rs. 5,725.00 respectively. The current market cap of the company is Rs. 14,486.02 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.29% and 11.71% respectively.

Blue Dart Express has become a majority shareholder in Blue Dart Aviation after purchasing additional 21 per cent stake. Now, the overall shareholding of the company in Blue Dart Aviation has increased to 70%. Blue Dart Aviation has become a subsidiary of Blue Dart Express - an integrated transportation and distribution company.

Blue Dart Aviation is a leading player in the domestic air express market specialising in time-definite scheduled freight services for overnight next day delivery of express and cargo loads, as per its website, while Blue Dart Express is South Asia’s premier express air ad integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 34,257 locations in India.

 

Blue Dart Express Share Price

7168.15 -342.65 (-4.56%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Delhivery 349.40
Blue Dart Express 7168.15
VL E-Governance & IT 155.05
Corporate Courier 2.98
Skypak Service Spec.
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