Blue Dart Express Stock Gains 5.05% and Outperforms Sector and Sensex on October 31st

Blue Dart Express, a leading logistics company in India, has shown a positive performance in the stock market on October 31st, 2024. The stock gained 5.05% on this day, outperforming the sector by 3.02%. This has been the third consecutive day of gains for the company, with a total rise of 6.52% in this period.

The stock also reached an intraday high of Rs 8165, showing a 4.53% increase. Blue Dart Express has been performing well in the market, with its moving averages higher than the 5 day, 100 day, and 200 day averages. However, it is currently lower than the 20 day and 50 day moving averages.

In comparison to the Sensex performance, Blue Dart Express has outperformed with a 1 day performance of 5.05% while the Sensex has shown a -0.55% performance. Similarly, in the last month, Blue Dart Express has performed better with a -4.15% return compared to the Sensex's -5.66% return.

Overall, Blue Dart Express has shown a strong performance in the stock market, making it a company to watch out for in the logistics industry. With its consistent gains and outperforming the sector and Sensex, the stock is currently recommended as a 'Hold' by MarketsMOJO.