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Blue Dart's investors are enthused with business taking off after Q1

Continued automation and improvement in technological and service capabilities to help sail through the current crisis, but high valuation a hurdle

Blue Dart | Investors

Shreepad S Aute  |  Mumbai 

Blue dart
.The stock of Blue Dart, which had corrected over 10 per cent after the announcement of results on July 31, has gained 16 per cent in the last fortnight

After a washed-out June 2020 quarter (Q1), business is recovering for logistics companies, such as Express, as the economy is getting unlocked. This has also boosted investor sentiment. The stock of Blue Dart, which had corrected over 10 per cent after the announcement of results on July 31, has gained 16 per cent in the last fortnight, much more than the 1 per cent rise in the BSE Sensex during this period.



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First Published: Wed, September 02 2020. 14:39 IST