Shreeji Translogistics jumps on expanding service network in Mundra, Kandla, Gandhidham
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Shreeji Translogistics is currently trading at Rs. 400.00, up by 3.85 points or 0.97% from its previous closing of Rs. 396.15 on the BSE.
The scrip opened at Rs. 408.45 and has touched a high and low of Rs. 408.45 and Rs. 392.00 respectively. So far 13622 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 509.10 on 14-Nov-2022 and a 52 week low of Rs. 182.05 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 441.45 and Rs. 392.00 respectively. The current market cap of the company is Rs. 419.30 crore.
The promoters holding in the company stood at 72.70%, while Institutions and Non-Institutions held 0.57% and 26.73% respectively.
Shreeji Translogistics (STL) has successfully expanded its service network in Mundra, Kandla and Gandhidham. These locations act as important logistics hub owing to presence of ports and industrial complexes in vicinity and will provide STL a greater competitive advantage in terms of expanded reach. This expansion is lauded by its existing customers and will attract new customers. This presence will enable STL to better participate and contribute to provide efficient logistics services.
Shreeji Translogistics provides logistics services. The company offers truck load transport, parcel delivery, import-export, bonded trucking, warehousing, shipping line container movement, and value added services.
