21-11-2023 03:51 PM | Source: Accord Fintech
Blue Dart Express rises on partnering with India Post for enhanced services

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Blue Dart Express is currently trading at Rs. 6779.30, up by 14.40 points or 0.21% from its previous closing of Rs. 6764.90 on the BSE.

The scrip opened at Rs. 6788.30 and has touched a high and low of Rs. 6824.95 and Rs. 6761.05 respectively. 

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7934.00 on 02-Jan-2023 and a 52 week low of Rs. 5633.00 on 08-May-2023.

Last one week high and low of the scrip stood at Rs. 6945.00 and Rs. 6713.65 respectively. The current market cap of the company is Rs. 16048.27 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.49% and 8.50% respectively.

Blue Dart Express has entered into a partnership with India Post. With this collaboration, Blue Dart introduces automated Digital Parcel Lockers at selected post offices, offering customers an additional delivery method.  This innovation allows consignees to conveniently retrieve their shipments from digital parcel lockers, doing away with the need for personal receipts or signing for a package.

These Digital Parcel Lockers keep their contents secure and are easily accessible. When the recipient needs to retrieve a package from the locker, they can simply enter the assigned code and open the locker. Additionally, deliveries can be collected at any time, and only authorized personnel can access the packages. Blue Dart has teamed up with Podrones, a last-mile technology and parcel locker company, to power this initiative.

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