Tuesday, October 24, 2017

Stock Pick: Blue Dart Express

Blue Dart Express has grown steadily over the years

By OLM Desk

The undisputed market leader in organised air express and a leading player in organised ground express, this company is part of the DP DHL Group. Its profit after tax (PAT) for the FY 2016 grew 52 per cent y-o-y to touch Rs. 193 crore.

Why: Blue Dart has been servicing the e-tailing industry ever since its emergence in India, which is only growing each passing day. Further, the implementation of GST is expected to bring a structural change in the logistics sector, on a whole.

What: The growth of in-house supply chain by leading players and disruption in the e-tailing space could impact business.