Ritco Logistic rises on bagging transportation contracts worth around Rs 49 crore in April
Ritco Logistics is currently trading at Rs. 250.15, up by 1.15 points or 0.46% from its previous closing of Rs. 249.00 on the BSE.
The scrip opened at Rs. 250.00 and has touched a high and low of Rs. 252.00 and Rs. 239.50 respectively. So far 1438 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 324.80 on 21-Jul-2025 and a 52 week low of Rs. 167.15 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 252.00 and Rs. 190.00 respectively. The current market cap of the company is Rs. 716.00 crore.
The promoters holding in the company stood at 62.68%, while Institutions and Non-Institutions held 2.84% and 34.48% respectively.
Ritco Logistic has secured new transportation contracts worth around Rs 49 crore in April 2026. The order wins reflect the company’s continued focus on strengthening long-term partnerships, expanding sectoral presence, and maintaining operational excellence across key industrial corridors. Out of Rs 49 crore, the 1-year contract worth around Rs 44 crore has been secured by Polymer & PSU Segment of the company from one of the leading petrochemical giants. Further, the Infrastructure, Engineering & Industrial Goods segment secured contracts worth around Rs 3 crore.
Additionally, TrucksUp platform is now enabled HPCL (Hindustan Petroleum Corporation) fuel card management services on its platform. The platform is also integrated with Indian Oil Corporation (IOCL) and Jio-bp, further expanding its fuel network capabilities. Besides, more than 1000 digital fuel cards were created on the TrucksUp platform in April, reflecting continued steady adoption among fleet operators and transporters. Month-on-month growth remains consistent as the platform increasingly becomes the preferred channel for structured fuel payment management, enabling better control and visibility over fuel expenses
Further, FASTag GMV on the TrucksUp platform crossed Rs 25 crore in April, registering a around 14% month-on-month increase in transaction value. This continued upward trend reflects growing adoption among fleet operators who are consolidating their highway toll payments through the platform, underscoring increasing trust in TrucksUp as an end-to-end commercial vehicle management solution.
