NSE: BLUEDART | BSE: 526612

Mid-range Performer

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5864.50 -41.00 (-0.69%)

25.81% Fall from 52W High

35,319 NSE+BSE Volume

NSE 21 Nov, 2025 2:17 PM (IST)

13,915.2

Market Cap

High in industry

0.7

Beta 1Year

Very Low volatility

Blue Dart Express Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BLUEDART, BSE:526612 Blue Dart Express Ltd.

Blue Dart Express Ltd.

27 Jan 2023

5864.50

-0.69%

Stung by higher cost

Sell: Blue Dart Express Ltd.

Target

ICICI Securities Limited

Blue Dart Express’ (BDE) Q3FY23 performance undershot our and street estimates by 13% and 14%, respectively, owing to higher costs. Key points: 1) Number of shipments rose ~18% YoY to 87.9mn, possibly due to higher share of road cargoes; 2) higher costs resulted in gross margin/kg contracting 25% YoY (0.6% QoQ) to Rs13.2/kg.

Blue Dart Express Ltd. is trading above its 50 day SMA of 5830.0

Blue Dart Express Ltd.

23 Nov 2022

5864.50

-0.69%

Robust portfolio of Air and Ground cargo offerings; to benefit from likely reduction in ATF prices

Neutral: Blue Dart Express Ltd.

Motilal Oswal

Motilal Oswal increased Buy price target of Blue Dart Express Ltd. to 7900.0 on 03 Nov, 2025.

Blue Dart Express Ltd.

03 Nov 2022

5864.50

-0.69%

Blue Dart Express

Hold: Blue Dart Express Ltd.

ICICI Direct

Motilal Oswal increased Buy price target of Blue Dart Express Ltd. to 7900.0 on 03 Nov, 2025.

Blue Dart Express Ltd.

31 Oct 2022

5864.50

-0.69%

Lower realisation and higher costs dent margins

Sell: Blue Dart Express Ltd.

Recommendation Target

ICICI Securities Limited

Blue Dart Express’ (BDE) Q2FY23 performance was a slight miss on consensus estimates owing to higher costs.

Blue Dart Express Ltd.'s price crossed below 30Day SMA today

Blue Dart Express Ltd.

29 Oct 2022

5864.50

-0.69%

High fuel costs hurt margin; PAT below estimate

Neutral: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express Ltd.'s price crossed below 30Day SMA today

Blue Dart Express Ltd.

14 Jul 2022

5864.50

-0.69%

Well placed to capitalize

Neutral: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express Ltd. is trading above its 50 day SMA of 5830.0

Blue Dart Express Ltd.

08 Jun 2022

5864.50

-0.69%

Outlook robust; capacity expansion on the cards

Neutral: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express Ltd. is trading above its 50 day SMA of 5830.0

Blue Dart Express Ltd.

07 Dec 2021

5864.50

-0.69%

Focus on increasing share of Ground Express

Neutral: Blue Dart Express Ltd.

Target

Motilal Oswal

We recently released our Logistics thematic report, wherein we stressed upon the superlative growth potential of the Indian Logistics sector and the opportunities for the organized players like Blue Dart Express (BDE). We had assigned a Neutral stance on the stock owing to its rich valuation. The unparalleled network presence of BDE and strong growth in Express cargo would drive consistent growth in volumes across its offerings over the next few years. With the easing of fuel prices (on account of tax cuts), margin is expected to remain at elevated levels in the near term....

Blue Dart Express Ltd. is trading above its 50 day SMA of 5830.0

Blue Dart Express Ltd.

04 Nov 2021

5864.50

-0.69%

Festive demand drives volumes in 2QFY22

Neutral: Blue Dart Express Ltd.

Motilal Oswal

EBITDA grew 35% YoY to INR2b (+138% QoQ). The EBITDA margin jumped to a near-record high of 17.7% (+61bp YoY); it improved on account of better realization and steps undertaken to increase efficiency. The company offered a one-time payment of INR360m rewarding its employees for their outstanding efforts during the COVID-19 crisis. Strong operating performance and lower depreciation resulted in 66% YoY growth in adjusted PAT to INR1.3b. We raise our EPS estimates by 26%/21% for FY23E/FY24E, factoring in the...