Afcom Holdings gains on inking Interline Traffic Agreement with Flydubai
Afcom Holdings is currently trading at Rs. 964.25, up by 11.25 points or 1.18% from its previous closing of Rs. 953.00 on the BSE.
The scrip opened at Rs. 974.80 and has touched a high and low of Rs. 974.80 and Rs. 952.95 respectively. So far 132240 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1268.95 on 21-Jan-2025 and a 52 week low of Rs. 387.25 on 18-Sep-2024.
Last one week high and low of the scrip stood at Rs. 1013.60 and Rs. 925.00 respectively. The current market cap of the company is Rs. 2391.06 crore.
The promoters holding in the company stood at 42.73%, while Institutions and Non-Institutions held 1.26% and 56.01% respectively.
Afcom Holdings has entered into a Interline Traffic Agreement with Flydubai (Dubai Aviation Corporation), UAE based corporation, for a worldwide network covering various destinations around the Globe. The agreement will provide a worldwide reach to the company through Flydubai’s network from UAE.
Afcom Holdings (AFCOM) has been operating Cargo Flights to the ASEAN countries like Singapore, Indonesia and Brunei, particularly to Singapore. The company is engaged in carriage of cargo on airport-to-airport basis. It provided supply chain solutions to a diverse base of customers.
