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Lancer Container Lines is currently trading at Rs. 38.65, up by 1.96 points or 5.34% from its previous closing of Rs. 36.69 on the BSE.

The scrip opened at Rs. 37.80 and has touched a high and low of Rs. 39.50 and Rs. 37.60 respectively. So far 2531861 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 110.00 on 05-Feb-2024 and a 52 week low of Rs. 28.12 on 25-Oct-2024.

Last one week high and low of the scrip stood at Rs. 39.50 and Rs. 32.25 respectively. The current market cap of the company is Rs. 923.54 crore.

The promoters holding in the company stood at 41.89%, while Institutions and Non-Institutions held 14.46% and 43.65% respectively.

Lancer Container Lines has entered into a strategic collaboration for ‘chartering of vessels and allied operations’ with a prominent Dubai based company, Ocean Voyage Shipping Line LLC (OVSL). The company is engaged in the same line of business and have an experienced team for the vessel operations. 

The company intends and aims that this collaboration with Ocean Voyage Shipping Line LLC, sets the course for innovation and excellence in the shipping industry. With this alliance, the company expects multifold growth for next 3 years with margin expansion as scale of operations continue to improve.

Lancer Container Lines is engaged in providing logistics services.