New Delhi, Oct. 10 -- In the backdrop of a prolonged, dismal financial performance, Blue Dart Express Ltd's price hike announcement could usher in hopes of a revival.
The logistics company has implemented general price increases of 9-12% across shipments for the calendar year 2026. While this development did trigger some excitement in the share price, it fizzled out. Investors would want to see at least one quarter of decent earnings performance, which is crucial for sustainable share price gains.
The stock hit a peak of Rs.9,531 on 4 October 2022 and has since failed to reclaim that level. It is down 38% based on rolling three-year returns (from 10 October 2022 to 10 October 2025) calculated using the current market price of Rs.5,499....
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