Transworld Shipping Lines shines on inking pact to purchase two vessels from Orient Express Lines
Transworld Shipping Lines is currently trading at Rs. 169.90, up by 4.35 points or 2.63% from its previous closing of Rs. 165.55 on the BSE.
The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 180.50 and Rs. 160.00 respectively. So far 1481 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.65 on 30-Oct-2025 and a 52 week low of Rs. 114.10 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 210.00 and Rs. 153.00 respectively. The current market cap of the company is Rs. 373.06 crore.
The promoters holding in the company stood at 70.44%, while Non-Institutions held 29.56% stake in the company.
Transworld Shipping Lines has signed a Memorandum of Agreement (MOA) for purchase of two vessels, OEL Surya & OEL Varun from Orient Express Lines INC. The purchase consideration for OEL Surya is $22.03 million, while OEL Varun will be acquired for $20.75 million. The agreement has been entered by Transworld Sea-Connect IFSC, a wholly owned subsidiary of the company.
