Canara Robeco Mutual Fund raised its stake in Blue Dart Express from 1.02% to 1.06%, acquiring 10,734 shares. The fund's total holding increased to 2,51,791 shares, valued at approximately ₹110 crore.
A leading courier and integrated air express package distribution company operating across South Asia, Blue Dart Express provides door-to-door delivery of time-sensitive shipments through a combined ground and air transportation network. The company operates an extensive logistics infrastructure serving businesses and individuals. Since its incorporation in 1988, it has established itself as a key player in India's express distribution and logistics sector.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.
