Blue Dart Express hits new 52-week high on the bourses

Blue Dart Express is currently trading at Rs. 7759.80, up by 104.00 points or 1.36% from its previous closing of Rs. 7655.80 on the BSE.

Blue Dart Express
Blue Dart Express

The scrip opened at Rs. 7865.00 and has touched a high and low of Rs. 7865.00 and Rs. 7667.05 respectively. So far 777 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 7,865.00 on 02-Jun-2022 and a 52 week low of Rs. 5308.05 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 7,865.00 and Rs. 7348.50 respectively. The current market cap of the company is Rs. 18400.78 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 12.76% and 12.24% respectively.

Blue Dart Express has signed the ‘Climate Neutral Now’ (CNN) pledge by the United Nations Framework Convention on Climate Change (UNFCCC). The pledge highlights the organisation’s commitment to ambitious CO2 reduction targets.

Deutsche Post OHL Group has adopted a package of measures worth up to 7 euro billion to reduce its greenhouse gas emissions by 2030 in line with the Paris Climate Agreement, primarily to expand the use of sustainable technologies and fuels in its fleets and buildings. Its long term goal is to reduce GHG emissions to net zero by 2050.

The Climate Neutral Now Initiative encourages and supports interested stakeholders to act now in order to achieve a climate neutral world by 2050 as enshrined in the Paris Agreement.

The initiative is a tool to promote voluntary action on climate change. Blue Dart has already invested extensively in remaining a Sustainable Provider of Choice by being the first in the industry to set quantified carbon-reduction targets.

The organization, as a part of the Deutsche Post OHL Group aimed to increase their CO2 efficiency by 10% by the year 2012 and 30% by the year 2020. Against the 30% target, Blue Dart achieved a 34% CO2 efficiency in 2021.

Blue Dart Express, South Asia’s premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments in India.

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