20 Jun 07 Blue Dart Express Hits Year High on BuyBack Rumours
Blue Dart Express has hit its year high today following rumours that the parent company DHL will buyback shares from minority investors and delist Blue Dart Express from the Indian stock exchanges. DHL through its singapore subsidary, DHL Express Singapore holds over 81% stake in Blue Dart Express while indian individual investors hold a 5% stake. The rest is with Institutional Investors.
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