Hot Pursuit     27-Apr-11
Blue Dart Express hits record high
Blue Dart Express jumped 11.37% to Rs 1529.50 at 10:44 IST on BSE, after net profit surged 51.9% to Rs 36.11 crore on 30.6% rise in net sales to Rs 336.33 crore Q1 March 2011 over Q1 March 2010.

The company announced the results after market hours on Tuesday, 26 April 2011.

Meanwhile, the BSE Sensex was up 15.94 points, or 0.08%, to 19,561.29.

On BSE, 1.16 lakh shares were traded in the counter as against average daily volume of 17,749 shares over the past one quarter.

The stock hit a high of Rs 1558.95 so far during the day, which is a lifetime high for the counter. The stock hit a low of Rs 1395 so far during the day. The stock had hit a 52-week low of Rs 830 on 5 May 2010.

The mid-cap stock had outperformed the market over the past one month till 26 April 2011, rising 37.01% compared with the Sensex's return of 3.88%. The stock had also outperformed the market in past one quarter, gaining 32.74% as against Sensex's return of 3.04%.

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

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