Blue Dart Express shares rise up to 10% to hit two-month high as firm hikes avg shipment price

Blue Dart Express shares rise up to 10% to hit two-month high as firm hikes avg shipment price

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26 Aug, 2025 12:21

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Shares of courier services provider Blue Dart Express rose up to 11% on September 30 to touch a two-month high of Rs 6,169 after the company announced a hike of 9-12% in its average price of shipments. The company on September 29 said that the new rates will come into effect from January 1, 2026 and will vary based on product to be shipped and the customer's shipping profile.

To support new customers and encourage business growth, those signing up between October 1 and December 31, will not be impacted by the upcoming General Price Increase (GPI), it said.

Later on September 30 at 12 pm, Blue Dart Express shares pared gains to trade 6% higher at Rs 5,909 apiece. A rub-off effect was seen in Delhivery shares, which were trading 2.3% higher at Rs 450 apiece.

This pricing adjustment is essential to maintaining speed, reliability, and customer-centric solutions, while addressing the impacts of inflationary pressures, escalating airline costs, and the complexities of global supply chains, the company said.

The average shipment price is set to increase in the range of 9-12 per cent, depending on product variabilities and the customer's shipping profile, Blue Dart Express said in a statement.

In line with its annual practice, Blue Dart undertakes a comprehensive review of its pricing structure to ensure continued service excellence while fostering sustainable ecosystem collaboration, it said.

"The General Price Increase enables us to continue investing in advanced technology, greener logistics, and network expansion.

"We will exempt all customers onboarded between October and December 2025, hereby reaffirming our promise to support businesses in scaling seamlessly with us, even amidst global challenges," said Balfour Manuel, Managing Director, Blue Dart Express.