India's Blue Dart Express hits record high

Blue Dart Express

04/10/2022 07:38

** Indian logistics company Blue Dart Express Ltd's shares
 BLDT.NS  rise as much as 7.1% to an all-time high of 9,640
rupees
    ** Stock posts its sharpest intra-day jump in 3 months
    ** BLDT set to gain for a sixth straight session 
    ** More than 40,000 shares traded by 0626 GMT, 1.1x their
30-day moving avg of more than 35,000 shares
    ** Three of the seven brokerages rate BLDT "buy" or higher,
one "hold" and three "sell" or lower; median PT is 8,380 rupees
- Refinitiv 
    ** Up to Monday's close, stock had risen 42.4% YTD
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com; Mobile: +91 6001289066))