Hot Pursuit     08-Feb-17
Blue Dart drops after weak Q3 outcome
Blue Dart Express lost 1.15% to Rs 4,250 at 09:28 IST on BSE after net profit dropped 46.31% to Rs 28.17 crore on 9.93% rise in total income to Rs 726.57 crore in Q3 December 2016 over Q3 December 2015.
The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was up 12.16 points or 0.04% at 28,347.32

On BSE, so far 101 shares were traded in the counter as against average daily volume of 2,227 shares in the past one quarter. The stock hit a high of Rs 4,296 and a low of Rs 4,240 so far during the day. The stock had hit a 52-week low of Rs 4,162.10 on 27 December 2016. The stock had hit a 52-week high of Rs 6,419.30 on 13 April 2016.

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

Blue Dart Express' Managing Director, Anil Khanna, said that Q3 December 2016 was extremely tough for the economy, industry and the company.

Blue Dart Express 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.

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