Logistics firm Delhivery posted a narrower loss on Friday, aided by improved volume growth in its supply chain and truckload services. The company reported a consolidated loss of.
Blue Dart Express has seen a consolidation breakout, trading above all the key moving averages, and has formed a robust bullish candlestick pattern on the daily charts, with a manifold jump in volumes.
Blue Dart Express stock has fallen over 8 percent so far this year, underperforming benchmark Nifty 50 which has risen nearly 4 percent during this period.
Analysts as Anand Rathi witnessed a breakout from the consolidation in shares of NHPC and the price action resembles a bullish inverse Head & Shoulder pattern.
Motilal Oswal is bullish on Blue Dart Express has recommended buy rating on the stock with a target price of Rs 7,860 in its research report dated May 03, 2024.