Blue Dart Express soars 16% on robust September quarter results

In the past three months, the stock has rallied 75 per cent, against a 4.5 per cent rise in the S&P BSE Sensex.

Shares of Blue Dart Express soared 16 per cent to Rs 3,766, also its 52-week high on the BSE, in intra-day trade on Friday after the company reported nearly three-fold jump in profit after tax (PAT) at Rs 41.4 crore in the September quarter (Q2FY21). South Asia’s premier air and integrated transportation and distribution company had a profit of Rs 14 crore in the year-ago quarter.

The stock surpassed its previous high of Rs 3,350, touched on October 1, 2020. At 11:51 am, it was trading 11 per cent higher at Rs 3,607 on the BSE, as compared to a 0.73