Blue Dart Express Limited has announced a significant leadership change following board meetings on September 15, 2026. R.S. Subramanian has been appointed as the new Managing Director, replacing Balfour Manuel who has stepped down from the position. Manuel requested early superannuation effective from November 29, 2026, citing personal commitments and the need for a seamless transition. The Board approved a waiver of his applicable six-month notice period to facilitate this transition. To ensure continuity, Manuel will serve as Senior Strategic Advisor to the incoming Managing Director through May 15, 2027.
R.S. Subramanian brings extensive industry experience to his new role, currently serving as senior vice-president at DHL Express South Asia and managing director at DHL Express India. According to Business Standard, he has also served as a director on the board of Blue Dart Express since 2019, providing him with deep institutional knowledge of the company. Subramanian will take charge on November 30, subject to approvals, ensuring a smooth transition from the current leadership.
The market experienced significant volatility on September 15, with equity benchmarks falling more than 1 percent accompanied by sharp deterioration in market breadth. According to Moneycontrol, about 2,704 shares declined against 577 advancing shares on the NSE. The market is expected to see consolidation as traders keenly await the outcome of the Federal Reserve meeting later today. Despite the current weakness, analysts have identified several short-term trading opportunities across various sectors.
Dabur India (CMP: ₹384.9) presents a compelling trading opportunity after rebounding from its support zone and witnessing a sharp recovery. As reported by Kotak Securities, the stock has given a breakout from its sloping channel formation on daily charts, suggesting the beginning of a new bullish trend. The recommended strategy involves buying at current levels with a target price of ₹410 and a stop-loss at ₹370. For the next few trading sessions, ₹370 could be the trend-deciding level for the bulls, with sustained levels above this mark potentially driving the uptrend towards ₹410.
ACME Solar Holdings Ltd. (CMP: ₹420.4) has emerged as a standout performer, outperforming its broader index by gaining 4.5 percent in the previous session, indicating strong relative outperformance. According to Waves Strategy Advisors, the stock has reversed from an upward-sloping trendline in the previous week, which coincides with the 50 percent Fibonacci retracement level, suggesting the presence of buyers at lower levels. The technical setup shows potential for a break above ₹431, which could trigger a fresh rally towards ₹450, followed by ₹470, with the view remaining valid as long as ₹410 remains protected on the downside.
ONGC (CMP: ₹235.95) presents a favorable risk-reward setup after entering an accumulation zone and trading in a range-bound manner on daily and weekly timeframes. As reported by Kotak Securities, recent bullish activity indicates good strength, with the stock expected to break out of the range and witness bullish momentum. The recommended strategy involves buying at current levels with a target price of ₹252 and a stop-loss at ₹227. For positional traders, ₹227 would be the decisive level, with sustaining above this mark potentially leading to continuation towards ₹252.
