Meanwhile, the BSE Sensex was up 43.50 points, or 0.24%, to 18,503.88

On BSE, 47,759 shares were traded in the counter as against an average daily volume of 2,204 shares in the past one quarter.

The stock hit a high of Rs 2024 and a low of Rs 1605 so far during the day. The stock had hit a record high of Rs 2205 on 19 April 2012. The stock had hit a 52-week low of Rs 1380 on 30 November 2011.

The stock underperformed the market over the past one month till 21 November 2012, falling 3.16% compared with the Sensex's 1.19% fall. The scrip had also underperformed the market in past one quarter, sliding 17.35% as against Sensex's 3.22% rise.

The mid-cap company has an equity capital of Rs 23.73 crore. Face value per share is Rs 10.

After market hours on Wednesday, 21 November 2012, Blue Dart Express said its foreign promoter DHL Express (Singapore) Pte proposes to sell 14.31 lakh shares or 6.03% stake in Blue Dart Express through Offer for Sale (OFS) route through the separate window provided by the stock exchanges for this purpose on Friday, 23 November 2012.

The OFS will start at 9.15 IST and close on the same day at 15.30 IST. DHL Express (Singapore) Pte will declare the floor price for the sale after market hours today, 22 November 2012.

DHL Express (Singapore) Pte owned 81.03% stake in Blue Dart Express as of 30 September 2012. Under the Securities Contracts (Regulation) Rules, 1957, private-sector companies must increase public shareholding to at least 25% by 3 June 2013, while the deadline for state-run firms is 13 August 2013.

Blue Dart Express' net profit rose 8.2% to Rs 32.20 crore on 7.3% rise in net sales to Rs 417.31 crore in Q2 September 2012 over Q2 September 2011.

Blue Dart Express is South Asia's premier express air and integrated transportation and distribution company. As part of the DHL Group, Blue Dart 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.