Blue Dart Express Limited is an India-based logistics company that provides integrated package distribution services within India and abroad. The company delivers large and small packages through ground transportation. It also transports time-sensitive packages through self-owned chartered flights. The company also provides technology-based services and e-business solutions. Incorporated on 5 April 1991, Blue Dart Express Limited became a public limited company in 1994. The headquarters of the company is located in Mumbai, Maharashtra, and its market capitalisation, as of 16 October 2022, stood at Rs 21,190 crore.
The company is listed on the National Stock Exchange and the Bombay Stock Exchange under the codes BLUEDART and 526612.
Blue Dart Express Limited delivers consignments within 35,000 locations in India and 220 countries across the world. It also offers distribution services, freight forwarding, supply chain solutions, and customs clearance services. The subsidiaries of the company include Concorde Air Logistics Limited and Blue Dart Aviation Limited. In 2002-03, the company received the ISO 9001-2000 certification from the Government of India. For the quarter that ended June 2022, the company received a consolidated income of Rs 1,293.31 crore with a net profit of Rs 118.79 crore.
In June 2022, the shareholding pattern of the company reflected that promoters held a 75% stake in the company, a 12.22% stake was held by retail investors, a 5.65% stake belonged to other domestic institutions, a 3.63% stake was invested in mutual funds, and a 3.50% stake belonged to the foreign institutional investors. The top mutual funds in which the company has invested include L&T Focussed Equity Direct Growth, Kotak Small Cap Direct Growth, Kotak Tax Saver Direct Growth, and Invesco India Large Cap Direct Growth.
On 17 October 2022, the shares of Blue Dart Express Limited were trading at Rs 8,651.75 at the NSE and Rs 8,610.00 at the BSE. Blue Dart Express Limited’s shares have provided a six-month return of 32.07% and a one-year return of 32.16%. The 52-week high price of the shares was Rs. 9,639.45, while their 52-week low price was Rs 5,248.45. The top peers of the company include Container Corp., Transport Corp., Delivery, and Allcargo Logistics.
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Blue Dart Express share price as on 27 Jul 2024 is Rs. 7894.75. Over the past 6 months, the Blue Dart Express share price has increased by 19.28% and in the last one year, it has increased by 10.35%. The 52-week low for Blue Dart Express share price was Rs. 5486.6 and 52-week high was Rs. 8475.
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