Logistics · BDE
Logistics
from 5,284 today
BDE posted strong earnings performance in 1Q, driven by healthy realizations. Going forward, both the ground and air express segments would likely continue to witness healthy traction, and margins are expected to improve gradually.
Blue Dart Express posted strong earnings performance in 1Q, driven by healthy realizations. We broadly maintain our FY27 and FY28 estimates and reiterate our BUY rating with a TP of INR6,100.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
