BLUEDART.NSE Blue Dart Express Ltd.

Blue Dart Express unveiled its newly revamped service, formerly known as Dart Plus, as Bharat Dart. Bharat Dart is a time sensitive delivery service backed by speed, security and handling with value-added features and benefits like complete visibility on last mile through a robust system and easy payment options.

Motilal Oswal is bullish on Blue Dart Express recommended buy rating on the stock with a target price of Rs 7840 in its research report dated August 02, 2023.

Operating margin shrunk to 15.40 percent from 20.66 percent a year ago, weighed by a surge in other expenses and higher depreciation and amortisation expenses.