Shreeji Translogistics soars on adding BHEL as new client in full truck load segment
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Shreeji Translogistics is currently trading at Rs. 71.40, up by 0.88 points or 1.25% from its previous closing of Rs. 70.52 on the BSE.
The scrip opened at Rs. 70.53 and has touched a high and low of Rs. 73.60 and Rs. 68.58 respectively. So far 14047 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 40.00 on 24-Mar-2022.
Last one week high and low of the scrip stood at Rs. 73.60 and Rs. 63.01 respectively. The current market cap of the company is Rs. 374.23 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 added Bharat Heavy Electronics (BHEL), a leading PSU and India’s largest engineering and manufacturing enterprise in the energy and infrastructure sectors, as one of its esteemed client in the Full Truck Load (FTL) division. STL is well-positioned to provide BHEL with the logistics support it needs, to keep its operations running smoothly and contribute increasingly in nation building. This partnership is a testament to the quality of services and reliability that Shreeji Translogistics offers to its clients.
This order win strengthens the company's dominant market position by providing a groundbreaking, differentiated value added services and cost-efficient solution for transportation, demonstrating its ongoing commitment to becoming a customer centric and highly service-oriented organization.
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.
