Blue Dart Express' volume growth momentum likely to sustain in FY23

Margin levels could see an improvement on higher volumes, price hike

Ram Prasad Sahu
Last Updated at September 29, 2022 23:18 IST

The management cited high inflation, rising interest rates and increase in input cost as reasons which have taken a toll on the business.

The stock of logistics major Blue Dart Express recently hit its 52-week highs earlier this month and has gained about 34 per cent from its lows in June. Strong volume growth expectations, market share gains, steady margins led to the gains.

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