Hot Pursuit     16-Apr-10
Blue Dart Express speeds up to record high after robust Q1 result
Blue Dart Express jumped 4.42% to Rs 946.50 at 11:11 IST on BSE, extending Thursday`s 20% rally, 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 stock had surged 20% to Rs 906.45 on 15 April 2010 after the company announced the Q1 result after market hours on 13 April 2010. The stock market was closed on 14 April 2010 on account of Dr Babasaheb Ambedkar Jayanti.

Meanwhile, the BSE Sensex was down 37.82 points, or 0.21%, to 17,601.44

On BSE, 1.76 lakh shares were traded in the counter. The stock had an average daily volume of 1,467 shares in the past one quarter.

The stock hit a record high of Rs 1044.70 in intra-day trade today, 16 April 2010. The stock hit a low of Rs 916.75 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 15 April 2010, rising 29.57% compared with the Sensex's 2.76% rise. It also outperformed the market in past one quarter, surging 37.11% as against 0.48% rise in the Sensex.

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

Previous News
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