Meanwhile, the BSE Sensex was down 71.60 points, or 0.39%, to 18,445.74

On BSE, 1.27 lakh shares were traded in the counter as against an average daily volume of 3,351 shares in the past one quarter.

The stock hit a high of Rs 2101 and a low of Rs 1840 so far during the day. The stock had hit a record high of Rs 2205 on 19 April 2012. The stock had hit a 52-week low of Rs 1380 on 30 November 2011.

The stock outperformed the market over the past one month till 22 November 2012, advancing 16.84% compared with the Sensex's 1.47% fall. The scrip, however, underperformed the market in past one quarter, rising 0.45% as against Sensex's 3.76% rise.

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

Blue Dart Express' foreign promoter DHL Express (Singapore) Pte Offer for Sale (OFS) through the stock exchanges mechanism, which remains open between 09:15 IST and 15:30 IST today, 23 November 2012, saw lukewarm demand. Investors had put in bids for 8.69 lakh shares as at 14:35 IST, representing 60.72% of total shares on offer.

After trading hours on Thursday, 22 November 2012, DHL Express (Singapore) Pte set a floor price of Rs 1720 per share for the Offer for Sale (OFS) of foreign promoter, a 16.36% discount to the scrip's closing price of Rs 2056.60 on BSE on Thursday, 22 November 2012.

Ahead of the announcement of the floor price, shares of Blue Dart Express had jumped 20% to settle at Rs 2056.60 on BSE on Thursday, 22 November 2012. After market hours on Wednesday, 21 November 2012, Blue Dart Express said its foreign promoter DHL Express (Singapore) Pte proposes to sell 14.31 lakh shares or 6.03% stake in Blue Dart Express through Offer for Sale (OFS) route through the separate window provided by the stock exchanges for this purpose to comply with minimum public shareholding requirements. DHL Express (Singapore) Pte owned 81.03% stake in Blue Dart Express as of 30 September 2012.

Under the Securities Contracts (Regulation) Rules, 1957, private-sector companies must increase public shareholding to at least 25% by 3 June 2013, while the deadline for state-run firms is 13 August 2013.

Blue Dart Express' net profit rose 8.2% to Rs 32.20 crore on 7.3% rise in net sales to Rs 417.31 crore in Q2 September 2012 over Q2 September 2011.

Blue Dart Express is South Asia's premier express air and integrated transportation and distribution company. As part of the DHL Group, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding supply chain solutions and customs clearance.