Paradeep Parivahan shines on securing road transportation contract from JSW Cement
Paradeep Parivahan is currently trading at Rs. 320.00, up by 17.75 points or 5.87% from its previous closing of Rs. 302.25 on the BSE.
The scrip opened at Rs. 340.10 and has touched a high and low of Rs. 340.10 and Rs. 320.00 respectively. So far 10800 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 340.10 on 12-Oct-2026 and a 52 week low of Rs. 129.55 on 22-Apr-2026.
Last one week high and low of the scrip stood at Rs. 340.10 and Rs. 290.05 respectively. The current market cap of the company is Rs. 509.38 crore.
The promoters holding in the company stood at 65.96%, while Institutions and Non-Institutions held 2.68% and 31.35% respectively.
Paradeep Parivahan (PPL) has secured a road transportation contract from JSW Cement for the transportation of cement, Ground Granulated Blast Furnace Slag (GGBS), and other specified bulk materials.
The contract involves the transportation of thousands of tonnes of material per month from JSW Cement’s facility at Raigad, Maharashtra, to customer-designated destinations. This development marks a significant step in strengthening PPL’s bulk logistics portfolio, complementing the company’s proposed acquisition of 100 bulkers and expanding its transportation capabilities to cater to the growing logistics requirements of the cement industry. The new contract is expected to further enhance the company’s operational capacity and reinforce its presence in the bulk transportation and logistics segment.
The strategic alignment of the proposed fleet acquisition with the newly secured transportation contract presents Paradeep Parivahan (PPL) with an opportunity to deploy the proposed assets towards revenue-generating operations, subject to the operational schedule and applicable contractual requirements. This development is expected to strengthen the company’s asset base, enhance its transportation capacity, improve operational efficiency, and support its long-term sustainable business growth.
