Brokerages lowered their earnings estimates following muted results in Q1FY24. While analysts remain optimistic about the stock's medium-term prospects, they highlight near-term concerns stemming from lower realisations due to changes in the product mix and margin pressures resulting from new plane additions.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
Blue Dart Express Limited's Student Special offers a 50 percent discount on all admission-related documents sent to universities, colleges and educational institutions in India.
Thanks to the leapfrogging Indian economy, the country will need 125 freighter aircraft in next 20 years. At present, India has only seven bigger freighters, owned by Blue Dart Express.
Air express and packaging company, Blue Dart on Tuesday said it would invest Rs 25 crore (Rs 250 million) in the current year to launch an aviation hub and strengthen its air infrastructure in the country.
Want to know where the parcel you sent has reached? Well, you can track it down in few minutes via an SMS.
The Indian promoters of air cargo and courier entity Blue Dart Express and Newfields Holdings have sold 68.21 per cent stake in the company to DHL Express (Singapore) Pte Ltd for over Rs 570 crore (Rs 5.7 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
Better stick to equity diversified funds, says Larisssa Fernand
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