Blue Dart Shares Soar 9% as Rs 421 Cr Tax Demand Slashed to Rs 65 Lakh

• Blue Dart Express shares surged over 9% after its subsidiary, Blue Dart Aviation, saw a massive reduction in tax demand.
• The Goods and Services Tax adjudicating authority cut the tax demand from Rs 421 crore to Rs 64.98 lakh, which Blue Dart Aviation has paid.
• The stock hit an intraday high of Rs 6,039.50, later trading up 3.74% at Rs 5,727.50.
• Blue Dart also announced a 9-12% price increase for shipments effective January 1, 2026, citing inflation and rising costs.
• The company's stock has declined about 21% in 2025, continuing a three-year losing streak.

Why It Matters: Blue Dart shares jumped after a huge tax demand reduction and a planned price hike for 2026.