North Eastern Carrying Corporation trades jubilantly on bagging contract from Tata Steel
North Eastern Carrying Corporation is currently trading at Rs. 22.96, up by 2.20 points or 10.60% from its previous closing of Rs. 20.76 on the BSE.
The scrip opened at Rs. 23.99 and has touched a high and low of Rs. 23.99 and Rs. 21.69 respectively. So far 63051 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.40 on 23-Jul-2024 and a 52 week low of Rs. 18.10 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 24.99 and Rs. 20.51 respectively. The current market cap of the company is Rs. 228.70 crore.
The promoters holding in the company stood at 54.19%, while Institutions and Non-Institutions held 0.04% and 45.77% respectively.
North Eastern Carrying Corporation has been awarded a contract from Tata Steel (TSL) for transportation of Steel Products (Coils/Sheets/Tubes) from TSL Sahibabad to various destinations through EV (Electric Heavy Vehicles) for 5 years and may be extended or renewed for a further period of one year on mutual consent. This is company’s first massive EV logistics contract. Further, the company has been committed to exploring more opportunities in EV logistics.
North Eastern Carrying Corporation is specialized in offering domestic goods transportation, international goods transportation, commercial goods transportation services, industrial goods transportation along with warehousing services.
