Blue Dart Express surges on plans to expand its air and ground services

14 Dec 2011 Evaluate

Blue Dart Express is currently trading at Rs. 1505.00, up by 23.60 points or 1.59% from its previous closing of Rs. 1481.40 on the BSE.

The scrip opened at Rs. 1481.00 and has touched a high and low of Rs. 1520.00 and Rs. 1466.25 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1835.00 on 11-Aug-2011 and a 52 week low of Rs. 938.30 on 23-Dec-2010.

Last one week high and low of the scrip stood at Rs. 1524.50 and Rs. 1435.50 respectively. The current market cap of the company is Rs. 3515.06 crore.

The promoters holding in the company stood at 81.03% while Institutions and Non-Institutions held 8.56% and 10.41% respectively.

South Asia's premier courier company, Blue Dart Express, in a bid to take over its competitors has decided to expand its air and ground services. For this the company has earmarked around Rs 150 crore capital expenditure plan for 2012. Over the past two years, Blue Dart Express, part of DHL Group, had spent around Rs 300 crore under its capex programme.

Also, Blue Dart and its parent company DHL revealed India's first end-to-end `Gogreen Carbon Neutral Service' across international and domestic markets. This service will be available across all of Blue Dart- DHL's Express service offerings.

The Gogreen Carbon Neutral Service will not only enable the company’s customers to contribute to a greener future but also help fund the climate protection projects and build healthier and productive communities.

Blue Dart Express is one of the leading logistics company in the world. Blue Dart Express is South Asia's premier courier, and integrated express package Distribution Company. Blue Dart has warehouses spread across 50 locations in India. It also owns bonded warehouses located at 7 major metros of Ahmedabad, Bangalore, Chennai, Delhi, Mumbai, Kolkata and Hyderabad.

Blue Dart Express Share Price

7653.00 171.60 (2.29%)
14-Nov-2024 12:33 View Price Chart
Peers
Company Name CMP
Delhivery 331.85
Blue Dart Express 7653.00
VL E-Governance & IT 149.00
Corporate Courier 2.98
Skypak Service Spec.
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.