Hot Pursuit     08-Apr-11
Blue Dart Express speeds up on delisting buzz
Blue Dart Express rose 2.16% to Rs 1,365 at 15:06 IST on reports the company's parent DHL Worldwide Express may buy the entire remaining shareholding and delist the company from the bourses.
The stock extended Thursday's (7 April 2011) solid 20% rally.

Meanwhile, the BSE Sensex was down 152.56 points, or 0.78%, to 19,438.62.

On BSE, 2.79 lakh shares were traded in the counter compared with average volume of 16,000 shares over the past two weeks.

The stock hit a high of Rs 1,478 so far during the day, which is also a record high. It hit a low of Rs 1,321.85.

As on 31 December 2011, DHL Express Singapore held 81.03% in Blue Dart Express. So far, Blue Dart has not clarified about delisting plan indicated in the media report.

Blue Dart Express' net profit rose 13.6% to Rs 23.99 crore on 25.8% increase in net sales to Rs 318.88 crore in Q3 December 2010 over Q3 December 2009.

Previous News
  Blue Dart Express consolidated net profit rises 12.01% in the March 2024 quarter
 ( Results - Announcements 03-May-24   07:28 )
  Blue Dart Express standalone net profit rises 8.13% in the March 2024 quarter
 ( Results - Announcements 03-May-24   07:27 )
  Blue Dart Express consolidated net profit rises 52.19% in the March 2022 quarter
 ( Results - Announcements 06-May-22   08:19 )
  Blue Dart Express standalone net profit rises 52.01% in the March 2022 quarter
 ( Results - Announcements 06-May-22   08:21 )
  Board of Blue Dart Express recommends final dividend
 ( Corporate News - 02-May-24   19:51 )
  Board of Blue Dart Express recommends final dividend
 ( Corporate News - 06-May-22   11:45 )
  Blue Dart Express bucks trend after Q4 PAT jumps 52% YoY
 ( Hot Pursuit - 06-May-22   09:49 )
  Volumes jump at TTK Prestige Ltd counter
 ( Hot Pursuit - 21-Jan-21   14:30 )
  Blue Dart Express receives affirmation in ratings for bank facilities
 ( Corporate News - 23-Jan-23   18:36 )
  Blue Dart drops after weak Q4 result
 ( Hot Pursuit - 17-May-19   10:11 )
  Blue Dart Express resumes enhanced operations in phased manner
 ( Corporate News - 20-Apr-20   12:09 )
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