Blue Dart Express Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 14509.63 Crore) operating in Logistics sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 975.64 Crore, down -6.43 % from last quarter Total Income of Rs 1042.70 Crore and up 34.11 % from last year same quarter Total Income of Rs 727.49 Crore. Company reported net profit after tax of Rs 90.00 Crore in latest quarter.
Investment Rationale
The stock has managed to hold above upward sloping support trend line, highlighting elevated buying demand that signifies inherent strength
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of June 30, 2020, while FIIs held 2.4 per cent, DIIs 11.1 per cent and public and others 11.5 per cent.
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