Buy Blue Dart, says PN Vijay

Buy Blue Dart, says PN Vijay, Portfolio Manager, askpnvijay.com.

Vijay told CNBC-TV18, "Blue Dart is a leader in one of India’s fastest growing businesses and strong parented and all that adds up to a nice cocktail. Unfortunately the courier sector is not treated like a consumer sector. At some point it is more into logistics which is not correct – I mean you can’t compare a port transportation company with Blue Dart."
He further added, "The whole sector needs to be looked at more closely and Blue Dart is a very strong name in that sector and the help of the parent, etc so it is a good buy but I have not gone too deeply into the financials."