Transport Corporation of India gains on incorporating wholly owned subsidiary in Dubai
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Transport Corporation Of India is currently trading at Rs. 858.95, up by 3.10 points or 0.36% from its previous closing of Rs. 855.85 on the BSE.
The scrip opened at Rs. 861.55 and has touched a high and low of Rs. 864.65 and Rs. 844.65 respectively. So far 2898 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1080.00 on 01-Feb-2024 and a 52 week low of Rs. 591.00 on 17-Apr-2023.
Last one week high and low of the scrip stood at Rs. 885.50 and Rs. 844.65 respectively. The current market cap of the company is Rs. 6636.98 crore.
The promoters holding in the company stood at 68.92%, while Institutions and Non-Institutions held 15.42% and 15.66% respectively.
Transport Corporation of India has incorporated wholly owned subsidiary (WOS) namely TCIL Middle East Logistics Services L.L.C. in Dubai, United Arab Emirates (U.A.E). The operations of new WOS, in line with the company's vision, will enable the company to further address growth opportunities in logistics and will also establish presence of the company in the Middle East Region.
Transport Corporation of India (TCI group) is India’s leading integrated multimodal logistics and supply chain solutions provider.
