September 04, 2012 / 09:38 IST
Blue Dart Express promoters have express to cut stake in Indian arm, reports CNBC-TV18.
Currently promoters hold 81%.
At 09:18 hrs the share was quoting at Rs 1,710, down Rs 203.40, or 10.63%. It touched an intraday high of Rs 1,749.00 and an intraday low of Rs 1,530.75.
It was trading with volumes of 6,465 shares. In the previous trading session, the share closed down 3.31% or Rs 65.60 at Rs 1,913.40.
The company touched its 52-week high Rs 2,205.00 and 52-week low Rs 1,380.00 on 19 Apr, 2012 and 30 Nov, 2011, respectively. Currently, it is trading -22.45% below its 52-week high and 23.91% above its 52-week low. Market capitalisation stands at Rs 4,057.48 crore.
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