Blue Dart Express shares surge 7% after Q1 results. Here’s why Nuvama retains Buy, raises target

Blue Dart Express shares jumped nearly 7% after the logistics company reported a strong Q1 FY27 performance, driven by robust profit growth and margin expansion. Following the results, Nuvama retained its ‘Buy’ rating, raised its target price to Rs 7,350, and said the company is well placed to benefit from continued growth in India’s e-commerce logistics market.

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