Stocks

Blue Dart Express stocks: Sell Blue Dart Express, target price Rs 6768: ICICI Securities

has sell call on Blue Dart Express with a target price of Rs 6768. The current market price of is Rs 7853. Time period given by analyst is one year when . price can reach defined target.



Blue Dart Express Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 18699.39 Crore) operating in Logistics sector.

Blue Dart Express Ltd. key Products/Revenue Segments include Service Charges for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 1332.96 Crore, up 2.53 % from last quarter Total Income of Rs 1300.05 Crore and up 17.98 % from last year same quarter Total Income of Rs 1129.84 Crore. Company reported net profit after tax of Rs 93.64 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.5 per cent, DIIs 9.59 per cent.

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