Afcom Holdings zooms on entering into long-term contract with Ethihad
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Afcom Holdings is currently trading at Rs. 1070.00, up by 46.30 points or 4.52% from its previous closing of Rs. 1023.70 on the BSE.
The scrip opened at Rs. 1063.00 and has touched a high and low of Rs. 1074.85 and Rs. 1027.70 respectively. So far 190560 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1145.80 on 07-Jan-2025 and a 52 week low of Rs. 205.20 on 09-Aug-2024.
Last one week high and low of the scrip stood at Rs. 1145.80 and Rs. 981.00 respectively. The current market cap of the company is Rs. 2659.77 crore.
The promoters holding in the company stood at 42.73%, while Institutions and Non-Institutions held 4.41% and 52.86% respectively.
Afcom Holdings has entered into a long-term contract with the globally acclaimed airline Ethihad. The contract is to operate regular schedule flights between Chennai-Male sector to move their cargo.
Afcom Holdings is engaged in carriage of cargo on airport-to-airport basis. It provides supply chain solutions to a diverse base of customers.
