Hot Pursuit     30-Jan-13
Blue Dart Express jumps after robust Q4 outcome
Blue Dart Express jumped 4.50% to Rs 2,066.05 at 10:26 IST on BSE after net profit jumped 101.12% to Rs 45.01 crore on 16.48% rise in net sales to Rs 458.35 crore in Q4 December 2012 over Q4 December 2011.

The result was announced after trading hours on Tuesday, 30 January 2013.

Meanwhile, the BSE Sensex was up 61.07 points, or 0.31%, to 20,051.97.

On BSE, 911 shares were traded in the counter as against an average daily volume of 5,946 shares in the past one quarter.

The stock hit a high of Rs 2,100 and a low of Rs 2,049.90 so far during the day. The stock had hit a record high of Rs 2,300 on 24 January 2013. The stock had hit a 52-week low of Rs 1,530.75 on 4 September 2012.

The stock had underperformed the market over the past one month till 29 January 2013, falling 1.41% compared with the Sensex's 2.81% rise. The scrip had, however, outperformed the market in past one quarter, rising 12.52% as against Sensex's 7.27% rise.

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

The company has changed its accounting year to commence from 1 April of every year and to end on 31 March of the following year, to proactively comply with the proposed Companies Bill 2012. Consequent to this the current accounting period would be for the fifteen month period from 1 January 2012 to 31 March 2013.

Blue Dart Express is South Asia's premier courier, and integrated express package distribution company. It has an extensive domestic network covering over 33,734 locations, and it services more than 220 countries and territories worldwide through its group company DHL.

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