AVG Logistics shines on rolling out dedicated green corridor for Nestle India
AVG Logistics is currently trading at Rs. 192.30, up by 16.60 points or 9.45% from its previous closing of Rs. 175.70 on the BSE.
The scrip opened at Rs. 179.25 and has touched a high and low of Rs. 197.65 and Rs. 179.25 respectively. So far 781 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 390.00 on 03-Jan-2025 and a 52 week low of Rs. 156.40 on 12-Dec-2025.
Last one week high and low of the scrip stood at Rs. 197.65 and Rs. 171.20 respectively. The current market cap of the company is Rs. 290.69 crore.
The promoters holding in the company stood at 52.51%, while Institutions and Non-Institutions held 10.13% and 37.36% respectively.
AVG Logistics, in strategic partnership with Nestle India and Ashok Leyland, has roll out a dedicated green corridor for Nestle India with deployment of 50 CNG trucks. This partnership marks a transformative step in the logistics sector, contributing to a reduction in market dependency while simultaneously enhancing cost efficiency and significantly minimizing the carbon footprint.
The CNG-powered vehicles will collectively cover an estimated 2.75 lakh kilometres per month, and are projected to contribute to an emission reduction of approximately 1.1 lakh kg of CO2 annually. This initiative highlights the synergy between operational efficiency and carbon mitigation, strengthening supply chain resilience while promoting long-term environmental responsibility.
AVG Logistics offers their customers services in three key areas like transportation whereby they provide point-to-point, less-than truck-load, time-definite transportation services; warehousing whereby they provide warehousing, distribution and cold-chain warehousing; and value-added Services including, temperature-controlled logistics, supply chain solutions and cargo handling services at integrated check posts
