Mumbai: Blue Dart Express Limited is a transportation and distribution company. It provides safe and reliable delivery services of consignments across the country. It is a part of DPDHL Group. Blue Dart is part of the largest and most comprehensive express and logistics network in the world. Its business is spread in many countries. The company provides a variety of distribution services. These include Air Express, Freight Forwarding, Supply Chain Solutions and Customs Clearance. On December 8, 2022, Blue Dart shares were trading at Rs 7558.85. It has grown by 260 per cent in the last two and a half years. Its price on June 2, 2020 was Rs 2053.70. The S&P BSE 500 index has given 94.67% returns in the last two and a half years.
In the third quarter of the financial year 2022, the company’s net revenue on a consolidated basis increased by 17.95 percent to Rs 1325.28 crore. The company’s profit also increased by 3.41 percent to Rs 93.64 crore. The company is currently trading at a TTM PE of 37.70 times. The ROE of the company was 52% and ROCE was 53%. Its market cap is Rs 17,976.64 crore. Today the stock opened at Rs.7584.95. It touched a high of Rs.7584.95 and a low of Rs.7532.30 during the trading session. The 52 week high of this stock is Rs 9639.45 and the lowest level is Rs 5428.45 on BSE. This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.
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