BlackBuck Shares Rally 18% To Hit Fresh All-Time High After Q1 Results

Shares of BlackBuck rallied as much as 17.63% to hit a fresh all-time high of INR 569.90 during the early trading hours today, a day after the logistics major reported its Q1 results.

BlackBuck’s net profit rose 17% to INR 33.7 Cr in Q1 FY26, up 17.5% from INR 28.7 Cr in the year-ago quarter. Its operating revenue rose to INR 143.6 Cr from INR 92.2 Cr in Q1 FY25.

However, sequentially, the company’s bottom line plunged 88% from INR 280.2 Cr in Q4 FY25.

By 11:30 AM, BlackBuck’s stock was trading 14.1% higher at INR 553 on the BSE, with the company’s market capitalisation at INR 9,807.65 Cr and 77 Lakh shares changing hands.

The all-time high price stands 129.5% above its 52-week low of INR 248.25 and 104.22% higher than its listing price of INR 279.05 on the BSE on November 22, 2024.

Year-to-date, the stock has delivered a 19.95% return to investors, far outperforming the Sensex’s 2.5% gain during the same period.

Founded in 2015 by Rajesh Yabaji, Chanakya Hridaya and Rama Subramaniam, BlackBuck commenced operations as a truck aggregator.

Since then, the company has diversified and now offers a full stack of solutions, from load management and telematics to payments for fuel, FASTag or toll charges, and truck financing.

(The story will be updated soon.)

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