Blue Dart shares rose 12% after it reported a 29.5% YoY rise in its second-quarter net profit, supported by rising demand for delivery services due to the festive season.
Users can choose from three pre-defined shipping plans or opt for a customized plan tailored to their business needs, Blue Dart said.
The average shipment price is set to increase in the range of 9-12%, depending on product variabilities and the customer's shipping profile, Blue Dart Express said in a statement.
Blue Dart Share Price: The brokerage finds Blue Dart's valuation attractive at 27 times its estimated FY27 earnings.
Blue Dart's price hikes comes days after industry peer Allcargo Gati announced a 10.2 percent average general price increase starting from January 1, 2025.
Apart from the three Skye Pods active in the three housing societies, Skye Air's CEO Ankit Kumar said that they have installed at least 80 such pods across housing societies in Gurugram. A few more are active for drone deliveries in collaboration with other partners, he said.
This move marks a significant advancement towards cleaner and more efficient delivery solutions, the courier and integrated express package distribution company said in an exchange filing.
In a volatile session, Nifty Realty ended up as the highest performer with 2.76 percent gain. Nifty PSU Bank and Energy were the top losers with 3.66 percent and 1.7 percent fall.
Net Sales are expected to decrease by 1.8 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 1,301.6 crore, according to ICICI Securities.