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.

10 Oct 2015

5719.00

-0.54%

Blue Dart Express Ltd (Oct 10, 2015)

Hold: Blue Dart Express Ltd.

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.

Blue Dart Express Ltd. is trading below all available SMAs

Is Blue Dart Express Ltd. worth buying?

112 Votes:

Buy 74.11%

Sell 14.29%

Hold 11.61%

RESEARCH REPORTS

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