6296.0000 -100.00 (-1.56%)
NSE Jun 13, 2025 15:31 PM
Volume: 7,152
 

6296.00
-1.56%
Karvy
Revival in the economy and robust growth in the E-tailing to drive futuregrowth of the company: In the next two years, the revenue of the company is expected to grow at an average rate of 22%. The company provides premium express services to the B2B customers through air and ground express services. Since 2012, India's express delivery service is growing at CAGR of 15% and the momentum is expected to improve further going forward. E-tailing would be the key driving factor for the further growth of the industry, growing at a CAGR of 35% to $20 Bn by 2020. The company is betting heavily on the E-commerce growth story by investing on setting up hubs and E- ulfillment centers both in the major cities, Tier II and Tier III cities. The E-commerce revenue contribution for the company has also grown significantly from just 9% in 2009 to 25% in 2015.
Motilal Oswal increased Buy price target of Blue Dart Express Ltd. to 7600.0 on 29 May, 2025.
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