Page 2 - Blue Dart

Blue Dart to operate drones for delivery of vaccines and medicines

The Ministry of Civil Aviation (MoCA) has granted the project with necessary exemptions and rights to fly drone flights on an experimental basis in Telangana

Blue Dart: Near-term margins to stay elevated, upside could be limited

Record Q3 performance helps sustain stock price which is up 146 per cent over the last six months

Logistics shares gain; Gateway Distriparks zooms 55% in 5 days

Blue Dart Express surged 6 per cent and hit a fresh 52-week high of Rs 4,457, while Gati soared 7 per cent to Rs 96, and was trading close to its 52-week high of Rs 107 on the BSE

Covid-19 vaccine: Don't rush to buy all logistics stocks, say analysts

Vaccine storage and transportation being a niche segment will not benefit all logistics and transportation companies, analysts say

Blue Dart to offer supply chain solutions vaccine transportation

Blue Dart said it will offer a complete supply chain solution for the life sciences and clinical trials sector and reefer vehicles (cold chain) services

Blue Dart to hike average shipment price by over 9% from January 1

The upward revision in prices is part of the annual exercise undertaken to adjust inflation, fluctuation in currency and fuel price, among others

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: Muted volumes, revenues amid high costs to weigh on margins

Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore

Despite lockdown relaxations, courier industry stares at bleak future

The courier industry in India is made up of varied players starting from large multinational firms such as DHL, United Parcel Service (UPS) and FedEx India to domestic firms comprising Blue Dart, DTDC

Street quiet as Blue Dart delivers muted results for a 7th straight quarter

Investors advised to wait for traction in revenues and margins before considering stock

Delivery services remain bullish on festive season, eye 8% growth

Mumbai, 25 SeptemberAmid the economic slowdown where most sectors are not expecting strong growth this festive season, the express industry (a term for those offering integrated shipment delivery services) has a slightly different story to tell.Demand is not as high as last year but the those in the sector expect reasonable growth this season. "While we remain cautious and are still assessing the impact of slowdown, it will not be a downturn but lower growth than last year," said Abhishek Chakraborty, executive director at DTDC. "If average demand growth rate was 40-45 per cent last year, it would be 15-20 per cent this year. I will be positively surprised if it goes beyond 20 per cent demand growth."Chakraborty said the mood in middle and lower income groups was pensive, since job security in several sectors is low. "But, it does not take away the fact that people will spend during this season, as it is also more to do about the culture and religious aspect."Sector entities believe ..

Weak volume estimates a speedbreaker for Blue Dart; trend may not improve

The company indicated that it will take close to two years for capital investments as well as expansion to contribute to the top line and earnings, materially

Blue Dart looks to invest Rs 20 bn to reach out for lower-tier towns

The company is witnessing a spurt in demand from the lower tier towns and cities for which it is undertaking the expansion exercise

Margin improvement a positive for Blue Dart

Revenue growth is expected to be better in the coming quarters

Multiple air pockets hit Blue Dart

High competition and increasing costs hit revenue and profit

GST kicker for express logistics leader Blue Dart

Its stock surged 7% on Friday on expectations of higher revenues from the GST implementation

Blue Dart's losing speed

While it dominates logistics space; demonetisation, sluggish non-retail sales could impact revenues