Shares of Blue Dart Categorical Ltd rallied 11% to hit a day’s excessive of Rs 6,169 on thirtieth September, after the corporate introduced on Monday a basic worth enhance (GPI) efficient 1st January, with cargo costs set to rise by a median of 9% to 12%.
Blue Dart acknowledged that the worth enhance is a results of its annual overview geared toward sustaining service high quality and strengthening its operations. The revision seeks to take care of pace, reliability, and customer-focused options. Moreover, it addresses inflation, elevated airline prices, and world provide chain challenges.
New prospects becoming a member of between 1st October and thirty first December, 2025, won’t be affected by the hike.
Current GST reforms have diminished freight tax to five% and lower truck and bus tax from 28% to 18%. The GST on third-party insurance coverage for items autos was additionally lowered to five% from 12%. This helps logistics firms decrease their working prices and develop their fleets extra simply.
Alongside Blue Dart, Allcargo Gati additionally introduced a basic worth enhance averaging 10.2%, efficient 1st January, 2026.
At 12:49 PM, the shares of Blue Dart had been buying and selling 5.80% increased at Rs 5,901.50 on NSE.
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