Shares of Blue Dart Express Ltd rallied 11% to hit a dayβs high of Rs 6,169 on 30th September, after the company announced on Monday a general price increase (GPI) effective 1st January, with shipment prices set to rise by an average of 9% to 12%.
Blue Dart stated that the price increase is a result of its annual review aimed at maintaining service quality and strengthening its operations. The revision seeks to maintain speed, reliability, and customer-focused solutions. Additionally, it addresses inflation, increased airline costs, and global supply chain challenges.
New customers joining between 1st October and 31st December, 2025, will not be affected by the hike.
Recent GST reforms have reduced freight tax to 5% and cut truck and bus tax from 28% to 18%. The GST on third-party insurance for goods vehicles was also lowered to 5% from 12%. This helps logistics companies lower their operating costs and expand their fleets more easily.
Alongside Blue Dart, Allcargo Gati also announced a general price increase averaging 10.2%, effective 1st January, 2026.
At 12:49 PM, the shares of Blue Dart were trading 5.80% higher at Rs 5,901.50 on NSE.
Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!
Live