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Motilal Oswal Report
We recently released our logistics thematic report, wherein we stressed upon the superlative growth potential of the Indian Logistics sector and the opportunities for the organised players like Blue Dart Express Ltd.
The unparalleled network presence of Blue Dart Express and strong growth in Express cargo would drive consistent growth in volumes across its offerings over the next few years.
With the easing of fuel prices (on account of tax cuts), margin is expected to remain at elevated levels in the near term.
Blue Dart Express is looking to increase its contribution from Ground Express segment from current levels of ~30%.
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