Blue Dart Express Stock Sees Positive Trend, Outperforms Sector by 5.6%

Blue Dart Express, a leading logistics company in India, has seen a positive trend in its stock performance on October 1st, 2024. The company's stock has gained 6.76%, outperforming the sector by 5.6%. This has led to a 'Hold' call by MarketsMOJO.

The stock opened with a gain of 3.24% and touched an intraday high of Rs 8735.85, a 7.37% increase from the previous day's close. Blue Dart Express has been on a consecutive gain for the last 2 days, with a total return of 7.21% in this period.

In terms of moving averages, the stock is trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In comparison to the Sensex, Blue Dart Express has outperformed with a 1-day performance of 7.67% versus the Sensex's 0.21%. In the last month, the company's stock has also outperformed the Sensex with a 9.08% return compared to the Sensex's 2.57%.

Blue Dart Express is a largecap company in the logistics industry and has shown strong performance in the stock market. With its consistent growth and positive trend, the company continues to be a promising player in the market.