Patel Integrated Logistics gains on incorporating non-material subsidiary
Patel Integrated Logistics is currently trading at Rs. 14.25, up by 0.12 points or 0.85% from its previous closing of Rs. 14.13 on the BSE.
The scrip opened at Rs. 14.80 and has touched a high and low of Rs. 14.80 and Rs. 14.00 respectively. So far 6738 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.50 on 28-Nov-2024 and a 52 week low of Rs. 12.85 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 14.90 and Rs. 13.56 respectively. The current market cap of the company is Rs. 99.16 crore.
The promoters holding in the company stood at 35.91%, while Institutions and Non-Institutions held 0.17% and 63.92% respectively.
Patel Integrated Logistics has incorporated non-material subsidiary by name Rajpat Logistics, having Registered office in Mumbai, Maharashtra. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs, Government of India, on November 27, 2025. The Subsidiary will carry on the business related to Logistics Services. The business of the Subsidiary is not outside the main line of business of the Company.
Patel Integrated Logistics is engaged in the business of surface cargo transportation of goods export of sea foods, leather goods, granite, garments, engineering goods, medical equipment, etc.
