India's Blue Dart hits nearly 2-year high in most active session ever

Delhivery

17/09/2024 11:05

* Blue Dart Express  BLDT.NS  jumps as much as 15.3% to
9,488.70 rupees, highest since Oct. 4, 2022
    * Logistics co sees busiest session ever, with more than 1.1
mln shares traded - 113x its 30-day avg
    * Reuters could not immediately ascertain the reason
behind day's move
    * Avg rating of analysts is "hold" vs "buy" for Delhivery
 DELH.NS  - LSEG
    * BLDT's relative strength index rises to 76, suggesting
that it is in overbought zone
    * Stock up ~25% YTD vs DELH's ~9% rise


 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))