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 to announce Quarterly Result
 ( Corporate News - 24-Apr-24   16:36 )
  Blue Dart Express to announce Quarterly Result
 ( Corporate News - 06-Jan-24   12:21 )
  Blue Dart Express reports consolidated net profit of Rs 95.32 crore in the December 2020 quarter
 ( Results - Announcements 29-Jan-21   08:02 )
  Blue Dart Express consolidated net profit rises 189.14% in the September 2020 quarter
 ( Results - Announcements 30-Oct-20   08:06 )
  Blue Dart Express jumps after Q3 PAT rises 29% YoY to Rs Rs 123 cr
 ( Hot Pursuit - 31-Jan-22   10:00 )
  Blue Dart appoints Group CFO and CFO
 ( Corporate News - 09-Jun-23   17:35 )
  Blue Dart Express slides after Q4 PAT tumbles 49% YoY to Rs 69 cr
 ( Hot Pursuit - 08-May-23   12:56 )
  Blue Dart Express to conduct board meeting
 ( Corporate News - 10-Oct-23   10:33 )
  Blue Dart Express consolidated net profit rises 279.88% in the June 2022 quarter
 ( Results - Announcements 27-Jul-22   18:03 )
  Blue Dart crashes after weak Q4 result
 ( Hot Pursuit - 08-May-17   15:21 )
  Blue Dart Express director resigns
 ( Corporate News - 13-Mar-19   09:45 )
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