{"id":115293,"date":"2023-12-11T13:49:19","date_gmt":"2023-12-11T08:19:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115293"},"modified":"2023-12-11T13:49:24","modified_gmt":"2023-12-11T08:19:24","slug":"logistics-stock-jumps-up-to-3-after-the-board-approves-purchase-of-two-leased-aircraft-worth-40-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-3-after-the-board-approves-purchase-of-two-leased-aircraft-worth-40-cr\/","title":{"rendered":"Logistics stock jumps up to 3% after the board approves purchase of two leased aircraft worth \u20b9 40 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2508737983\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this logistics company gained up to 3 percent after the company&#8217;s board approved the purchase of two leased aircraft by Blue Dart Aviation Ltd worth Rs 40 crores.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1253105739\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 17,950.18 crores, <a href=\"https:\/\/portal.tradebrains.in\/stock\/BLUEDART\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Blue Dart Express Ltd.<\/strong><\/a>, On Monday, the company shares were trading at Rs 7,566.20 apiece, an increase of 2.36 percent from the previous close price.\u00a0<\/p><p>Based on the exchange filing, the Board of Directors of Blue Dart Express Ltd has approved the acquisition of two leased aircraft from DHL Aviation (Netherlands) B.V. (DHL NL), a fellow subsidiary company, for approximately Rs. 40 crores by Blue Dart Aviation Ltd. (BOAL), a wholly-owned subsidiary of the company.&nbsp;<\/p><p>Blue Dart Express Ltd operates 6 Boeing 757-200 and 2 Boeing 737-800 aircraft and is present in over 55,400 locations worldwide.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4015220354\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Looking into the company&#8217;s performance, Blue Dart Express Ltd&#8217;s revenue decreased by 0.07 percent from Rs 1,325 Crore in Q2FY23 to Rs 1,324 Crore in Q2FY24. During the same period, net profit decreased by 22 percent from Rs 94 crore to Rs 73 Crore.&nbsp;<\/p><p>The sector&#8217;s compound annual growth rate (CAGR) is expected to increase from 7.8% over the preceding five years to 10.5% through 2025, according to the Investment Information and Credit Rating Agency of India (ICRA).&nbsp;<\/p><p>Blue Dart keeps up its national support by offering the best service possible throughout the huge and varied geographical area of India. Over 3,273.71 lakh domestic shipments and over 8.23 lakh international shipments, totaling more than 11,54,000 tonnes, were transported by Blue Dart throughout the year.&nbsp;<\/p><p>Time-sensitive shipments are transported and distributed door-to-door by Blue Dart Express Limited using an integrated ground and air transportation network.&nbsp;<\/p><p><strong>Written By:- Abhishek Singh<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1828461669\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2523694169\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this logistics company gained up to 3 percent after the company&#8217;s board approved the purchase of two leased aircraft by Blue Dart Aviation Ltd worth Rs 40 crores.\u00a0 With a market capitalization of Rs 17,950.18 crores, Blue Dart Express Ltd., On Monday, the company shares were trading at Rs 7,566.20 apiece, an [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[15081,15082],"class_list":["post-115293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-blue-dart-express-ltd","tag-blue-dart-express-ltd-latest-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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