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Monday, July 31, 2017

Blue Dart descends after weak Q1 result


Blue Dart Express lost 1.24% to Rs 4,300 at 14:41 IST on BSE after net profit dropped 52.16% to Rs 21.09 crore on 6.77% rise in total income to Rs 672.33 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours yesterday, 27 July 2017.
Meanwhile, the S&P BSE Sensex was down 143.75 points or 0.44% at 32,239.55
On BSE, so far 778 shares were traded in the counter as against average daily volume of 1,369 shares in the past one quarter. The stock hit a high of Rs 4,350 and a low of Rs 4,256.65 so far during the day. The stock had hit a 52-week high of Rs 6,088 on 28 July 2016. The stock had hit a 52-week low of Rs 4,160 on 16 July 2017.
The large-cap company has equity capital of Rs 23.73 crore. Face value per share is Rs 10.
Blue Dart Express accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.