Post-Covid B2B recovery, price hikes to drive gains for Blue Dart

Near-term valuations, however, capture the upside

The Blue Dart Express stock was up 1.2 per cent in a weak market after the company announced a price increase of 9.6 per cent. The increase, which is effective from January 1, 2022, has been done to absorb cost inflation. The company’s managing director Balfour Manuel highlighted that the annual increase is more inflation related and will help the company mitigate cost pressures while ensuring service quality.

The annual increase by the market leader in air express delivery business is similar to the one it took at the start of 2021. This had replaced the emergency services surcharge of