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Mahindra Logistics is currently trading at Rs. 493.80, up by 4.00 points or 0.82% from its previous closing of Rs. 489.80 on the BSE.

The scrip opened at Rs. 490.00 and has touched a high and low of Rs. 500.10 and Rs. 490.00 respectively. So far 5732 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 814.00 on 25-Nov-2021 and a 52 week low of Rs. 395.65 on 28-Feb-2022.

Last one week high and low of the scrip stood at Rs. 502.00 and Rs. 480.75 respectively. The current market cap of the company is Rs. 3534.84 crore.

The promoters holding in the company stood at 58.12%, while Institutions and Non-Institutions held 33.57% and 8.31% respectively.

Mahindra Logistics has inaugurated 1 lakh sq. ft. of warehouse in Nashik in Maharashtra. The warehouse is designed with a sustainable warehousing architecture including multi-client capabilities, renewable energy, resource conservation and green cover.

This state-of-art warehouse will be an important part of the company’s pan-India network of multi-user facilities that support customers inbound to manufacturing and fulfilment operations. The facility will support e-commerce, consumer, and manufacturing & engineering industries. The built-to-suit (BTS) facility is designed in line with the company’s sustainability standards, including usage of recycled construction material, liquid discharge management, renewable energy and waste management requirements and state-of-the-art automation. The facility has onsite solar power generation capabilities to cater to the entire energy requirements and is equipped for solar charging for cargo vehicles and personal mobility.

Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people transport solutions, a specialised line of business which helps corporate clients move employees to and from the workplace.