On market talk of a share buyback, Blue Dart Express zoomed 13.70% to Rs 794.75. The share price had beaten a high pressure of Rs 799.90 that is also its 52-week high, and a low of Rs 633 during the day thus far.
The company’s 2.65 lakh shares were traded on Bombay Stock exchange. In the past one quarter, the scrip had an average daily volume of just 6,011 shares on BSE.
The Blue Dart Express scrip had made 54.40% to Rs 699 on 19 June 2007 over the past one month. It appended 60.37% to Rs 699 within the past three months. The scrip had also touched a 52-week low of Rs 405 on 20 June 2006.