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.


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.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button