Hot Pursuit     15-Apr-10
Robust Q1 result propels Blue Dart Express to lifetime high
Blue Dart Express surged 20% to Rs 906.45 at 10:17 IST on BSE after net profit jumped 103.40% to Rs 23.78 crore on 23.20% rise in net sales to Rs 257.61 crore in Q1 March 2010 over Q1 March 2009.

The company announced the results after market hours on 13 April 2010

Meanwhile, the BSE Sensex was up 99.16 points, or 0.56%, to 17,921.12

On BSE, 26,789 shares were traded in the counter with pending buy orders of 6,282 shares at maximum limit. The stock had an average daily volume of 1,467 shares in the past one quarter.

The stock hit a record high of Rs 906.45 in intra-day trade today, 15 April 2010. The stock hit a low of Rs 669 so far during the day. The stock hit 52-week low of Rs 370 on 17 April 2009.

The mid-cap courier company had outperformed the market over the past one month till 13 April 2010, gaining 6.07% compared with the Sensex's 3.82% rise. It also outperformed the market in past one quarter, advancing 14.44% as against 1.78% rise in the Sensex.

The company's current equity is Rs 23.73 crore. Face value per share is Rs 10.

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