Afcom Holdings touches roof on commencing operations from Kempegowda International Airport, Bengaluru
Afcom Holdings is currently trading at upper limit of Rs. 890.10, up by 42.35 points or 5.00% from its previous closing of Rs. 847.75 on the BSE.
The scrip opened at Rs. 890.10 and has touched a high and low of Rs. 890.10 and Rs. 869.00 respectively. So far 398640 shares were traded on the counter.
The BSE group 'MT' 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. 249.35 on 14-Aug-2024.
Last one week high and low of the scrip stood at Rs. 894.55 and Rs. 790.00 respectively. The current market cap of the company is Rs. 2212.58 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 commenced its operations from its second Indian station at Kempegowda International Airport, Bengaluru (BLR) - marking a significant milestone in the company’s India growth strategy.
Kempegowda International Airport, with its strategic geographic location and state-of-the-art infrastructure, serves as a critical launch point for high-value cargo originating from South India’s industrial and export hubs. The addition of BLR enhances the company’s ability to offer faster, more direct air logistics solutions between India and the Maldives, while enabling broader linkages across its growing interline network.
This milestone reaffirms the company’s commitment to building a high-performance cargo network that connects underserved air corridors and delivers customized, time-sensitive solutions for diverse industries.
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.
