Blue Dart Express shares down by 8 percent
Bangalore: Blue Dart Express stock was among top losers after its price went down by 8 percent. After opening the day at 
1502, the stock touched its 52 week low of 901, before closing the trade at 1497.70, with a loss of 8.30 percent. Through the day, 245081 shares of Blue Dart were traded in the market with a PE ration of 34.53.
Blue Dart Express is an India-based company. It is a courier and integrated express package Distribution Company. The company offers delivery of consignments to 21,000 locations in India and to over 220 countries worldwide. Its product portfolio includes air freight, ocean freight, supply chain solutions, freight forwarding, customs clearance, project handling and charters through its synergies with the three DHL Business units: DHL Express, DHL Global Forwarding and DHL Excel Supply Chain.
The company posted 361.1 million profit after tax for the quarter ended March 31, 2011. Income from operations (inclusive of fuel surcharge) for the quarter ended March 31, 2011 stood at 3.36 billion, an increase of 30.56 percent over the corresponding quarter of the previous year.
1502, the stock touched its 52 week low of 901, before closing the trade at 1497.70, with a loss of 8.30 percent. Through the day, 245081 shares of Blue Dart were traded in the market with a PE ration of 34.53.
Blue Dart Express is an India-based company. It is a courier and integrated express package Distribution Company. The company offers delivery of consignments to 21,000 locations in India and to over 220 countries worldwide. Its product portfolio includes air freight, ocean freight, supply chain solutions, freight forwarding, customs clearance, project handling and charters through its synergies with the three DHL Business units: DHL Express, DHL Global Forwarding and DHL Excel Supply Chain.
The company posted 361.1 million profit after tax for the quarter ended March 31, 2011. Income from operations (inclusive of fuel surcharge) for the quarter ended March 31, 2011 stood at 3.36 billion, an increase of 30.56 percent over the corresponding quarter of the previous year.