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Tiger Logistics spurts on securing government contract from BEML Tiger Logistics (India) is currently trading at Rs. 368.80, up by 8.15 points or 2.26% from its previous closing of Rs. 360.65 on the BSE. The scrip opened at Rs. 372.90 and has touched a high and low of Rs. 373.95 and Rs. 362.00 respectively. So far 8654 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 205.00 on 17-Oct-2022. Last one week high and low of the scrip ...
Tiger Logistics spurts on securing government contract from BEML
Tiger Logistics spurts on securing government contract from BEML
Source: Accord Fintech
7/09/2023 11:31:33 AM
Allcargo Logistics surges on incorporating new wholly owned subsidiary Allcargo Logistics is currently trading at Rs. 272.65, up by 5.80 points or 2.17% from its previous closing of Rs. 266.85 on the BSE. The scrip opened at Rs. 267.20 and has touched a high and low of Rs. 274.00 and Rs. 267.20 respectively. So far 22789 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.85 on 14-Nov-2022 and a 52 week low of Rs. 256.05 on 18-Apr-2023. Last one week high and low of the scrip stood...
Allcargo Logistics surges on incorporating new wholly owned subsidiary
Allcargo Logistics surges on incorporating new wholly owned subsidiary
Source: Accord Fintech
23/08/2023 10:47:59 AM
Tiger Logistics trades higher on securing government tender from BHEL for exporting goods by air Tiger Logistics (India) is currently trading at Rs. 365.90, up by 2.10 points or 0.58% from its previous closing of Rs. 363.80 on the BSE. The scrip opened at Rs. 370.00 and has touched a high and low of Rs. 370.00 and Rs. 356.00 respectively. So far 4671 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 205.00 on 17-Oct-2022. Last one week high and low of the scrip ...
Tiger Logistics trades higher on securing government tender from BHEL for exporting goods by air
Tiger Logistics trades higher on securing government tender from BHEL for exporting goods by air
Source: Accord Fintech
21/08/2023 2:39:51 PM
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited Allcargo Terminals Limited (ATL) (NSE: ATL) and (BSE: 543954), an independent entity demerged from Allcargo Logistics Limited, has successfully listed its shares on the National Stock Exchange (NSE) & Bombay Stock Exchange (BSE) under the ticker symbol "ATL". Specialists in Container Freight Stations (CFS) and Inland Container Depots (ICD), ATL is open for trading on the stock exchange, marking a new chapter in its growth story.   Shashi Kiran shetty, founder & ch...
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited
Source: Accord Fintech
10/08/2023 3:45:00 PM
APM Terminals Pipavav consolidated net profit rises 14% to INR 678.26 million in Q1FY24 (INR 593.39 million Q1FY23) APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of the leading gateway ports in Western India reported 14% rise in consolidated net profit at INR 678.26 million for the first quarter ended on 30th June 2023, compared to INR 593.39 million in the corresponding period of last year.   Revenue from operations for the first quarter under consideration stood at INR 2,149.18 million as against INR 2,065.53 million in the corresp...
APM Terminals Pipavav consolidated net profit rises 14% to INR 678.26 million in Q1FY24 (INR 593.39 million Q1FY23)
APM Terminals Pipavav consolidated net profit rises 14% to INR 678.26 million in Q1FY24 (INR 593.39 million Q1FY23)
Source: PR Agency
9/08/2023 3:15:25 PM
Add Mold-Teck Packaging Ltd For Target Rs.971 - Centrum Broking Volume growth muted led by paints segment Mold-Tek Packaging reported sales decline of 11%. Volumes grew modestly by 2% while realization dropped by 12% YoY to Rs202/kg. The modest volume growth was on account of decline in volumes in Paints (-8%) & Lubes (-2%) segments while F&F grew by 37%. Sales decline too was led by Paints (-21%) & Lubes (-14%) while F&F grew by 13%. Paints reported third consecutive quarter of sales decline (-21%). GP/kg and EBITDA/kg both reported de...
Add Mold-Teck Packaging Ltd For Target Rs.971 - Centrum Broking
Add Mold-Teck Packaging Ltd For Target Rs.971 - Centrum Broking
Source: Centrum Broking Ltd
7/08/2023 2:29:40 PM
Hold ZF Commercial Vehicle Control, Target Price Rs 12,810 - ICICI Direct ZFCVCS (ZFI) has delivered a 10-quarter high gross margin, driven by improving mix and lagged price hikes, resulting in flat EBITDAM QoQ. ZFI’s revenue from domestic OEMs was up ~20% YoY, driven by new business generation from electronic stability control system sales to buses, electronic braking system applications, electronic compressors and driver assistance systems. Going ahead, ZFI is planning to ramp-up EBITDAM, led by improving mix of new complex products at the cost of lower mar...
Hold ZF Commercial Vehicle Control, Target Price Rs 12,810 - ICICI Direct
Hold ZF Commercial Vehicle Control, Target Price Rs 12,810 - ICICI Direct
Source: ICICI Direct
4/08/2023 2:19:59 PM
Blue Dart Express net goes down to Rs 59.74 crore Owing to reduced income and increased outgo, logistics player Blue Dart Express Ltd's first quarter net came down to Rs 59.74 crore for the first quarter of FY24. In a regulatory filing, Blue Dart Express said during Q1FY24, it had earned a total income of Rs 1,253.29 crore (against Q1FY23's Rs 1,303.54 crore) and a net profit of Rs 59.74 crore (Rs 117.17 crore). Curiously, the company’s other expenses went up to Rs 93.17 crore during the first quarter of FY24 from Rs 69.4...
Blue Dart Express net goes down to Rs 59.74 crore
Blue Dart Express net goes down to Rs 59.74 crore
Source: IANS
27/07/2023 3:53:21 PM
Shreeji Translogistics zooms on signing new contract with Cathay Pacific Airways Shreeji Translogistics zooms on signing new contract with Cathay Pacific Airways Jul-26-2023   15:10 Hrs IST Shreeji Translogistics is currently trading at Rs. 69.25, up by 4.16 points or 6.39% from its previous closing of Rs. 65.09 on the BSE. The scrip opened at Rs. 68.98 and has touched a high and low of Rs. 70.00 and Rs. 66.71 respectively. So far 40599 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high o...
Shreeji Translogistics zooms on signing new contract with Cathay Pacific Airways
Shreeji Translogistics zooms on signing new contract with Cathay Pacific Airways
Source: Accord Fintech
26/07/2023 3:37:06 PM
Tiger Logistics gains on inking pact with OneNDF Tiger Logistics (India) is currently trading at Rs. 395.90, up by 1.90 points or 0.48% from its previous closing of Rs. 394.00 on the BSE. The scrip opened at Rs. 401.00 and has touched a high and low of Rs. 401.00 and Rs. 391.55 respectively. So far 7716 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 205.00 on 17-Oct-2022. Last one week high and low of the scrip ...
Tiger Logistics gains on inking pact with OneNDF
Tiger Logistics gains on inking pact with OneNDF
Source: Accord Fintech
20/07/2023 3:08:31 PM
Shreeji Translogistics moves up on renewing contract with Singapore Airlines Shreeji Translogistics is currently trading at Rs. 63.84, up by 1.00 points or 1.59% from its previous closing of Rs. 62.84 on the BSE. The scrip opened at Rs. 63.20 and has touched a high and low of Rs. 63.90 and Rs. 62.99 respectively. So far 17044 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 41.08 on 11-Jul-2022. Last one week high and low of the scrip stood a...
Shreeji Translogistics moves up on renewing contract with Singapore Airlines
Shreeji Translogistics moves up on renewing contract with Singapore Airlines
Source: Accord Fintech
7/07/2023 10:03:09 AM
Gateway Distriparks gains on commencing double stack services between ICD Viramgam, Mundra Port Gateway Distriparks is currently trading at Rs. 72.80, up by 0.72 points or 1.00% from its previous closing of Rs. 72.08 on the BSE. The scrip opened at Rs. 71.16 and has touched a high and low of Rs. 73.42 and Rs. 71.16 respectively. So far 12829 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.60 on 10-Nov-2022 and a 52 week low of Rs. 58.50 on 27-Feb-2023. Last one week high and low of the scrip stood at R...
Gateway Distriparks gains on commencing double stack services between ICD Viramgam, Mundra Port
Gateway Distriparks gains on commencing double stack services between ICD Viramgam, Mundra Port
Source: Accord Fintech
30/06/2023 11:35:14 AM
Tiger Logistics gains on receiving IATA Accreditation Tiger Logistics (India) is currently trading at Rs. 361.00, up by 2.70 points or 0.75% from its previous closing of Rs. 358.30 on the BSE. The scrip opened at Rs. 361.00 and has touched a high and low of Rs. 366.85 and Rs. 361.00 respectively. So far 2807 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 169.50 on 22-Jun-2022. Last one week high and low of the scrip ...
Tiger Logistics gains on receiving IATA Accreditation
Tiger Logistics gains on receiving IATA Accreditation
Source: Accord Fintech
22/06/2023 12:44:09 PM
Buy Blue Dart Express Ltd For Target Rs.8,040 - Motilal Oswal Financial Services Lower ATF prices to support margins; aircraft addition to boost volumes in 2HFY24 * For an express logistics airline such as Blue Dart Express (BDE), the cost of aviation turbine fuel (ATF) accounts for ~40% of direct operating costs. ATF prices usually move in sync with Brent prices. In early FY23, ATF surged in line with Brent, but it did not come down when Brent prices declined in the last few quarters. As a result, BDE witnessed under-recovery of fuel surcharge, which affected its marg...
Buy Blue Dart Express Ltd For Target Rs.8,040 - Motilal Oswal Financial Services
Buy Blue Dart Express Ltd For Target Rs.8,040 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
21/06/2023 3:00:12 PM
Buy TCI Express Ltd For Target Rs.1,850 - Motilal Oswal Financial Services We recently hosted TCI Express (TCIE) for a non-deal roadshow. Here are the key highlights: * TCIE has established itself as a leading logistics player with a pan-India reach, which gives the company an advantage against competition. The company focuses on the profitable B2B segment, which accounts for ~95% of its business. It also has a good blend of customers, with 50% of its revenue coming from SMEs and the balance from Corporates. Over the years, TCIE has developed a robust Hub-and-Spo...
Buy TCI Express Ltd For Target Rs.1,850 - Motilal Oswal Financial Services
Buy TCI Express Ltd For Target Rs.1,850 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
13/06/2023 1:22:57 PM
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary Allcargo Logistics limited, a part of The Allcargo Group and a global leader in multimodal logistics solutions, has completed acquisition of 1.50 lakh shares, or 30 percent stake, in Gati-Kintetsu Express (GKEPL) for Rs 406.71 crore. Allcargo’s subsidiary, Gati already holds 70% stake in GKEPL, which is a leading express logistics player in India, with presence in Surface express distribution, Air express distribution and Supply chain management solutions. The deal includes purchas...
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Source: PR Agency
9/06/2023 5:46:38 PM
Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal Throughput declines but management optimistic in the near term   * Aegis Logistics (AGIS) reported a lower-than-estimated EBITDA of INR2.0b (est. INR2.3b; up 42% YoY, down 6% QoQ) due to lower volumes in 4QFY23. * Gas division posted 88% YoY revenue growth in FY23 driven primarily by 61% YoY growth in sourcing volume. However, management highlighted that the sourcing division contributes very little to EBITDA due to its slender margin of ~USD1/mt. * Although LPG terminalling ...
Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal
Neutral Aegis Logistics Ltd For Target Rs.330 - Motilal Oswal
Source: Motilal Oswal Financial Services
9/06/2023 2:35:02 PM
Adani Ports Revenue and EBITDA jumps over 20% in FY23 Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced its results for the fourth quarter and year ended March 31, 2023. "FY23 has been a stellar year for APSEZ in operational as well as financial performance. The company has overachieved against its highest-ever revenue and EBITDA guidance provided at the beginning of the year. Our strategy of geographical diversification, cargo mix diversification, and business model transition to a transport utility is enabling robu...
Adani Ports Revenue and EBITDA jumps over 20% in FY23
Adani Ports Revenue and EBITDA jumps over 20% in FY23
Source: Accord Fintech
31/05/2023 10:26:22 AM
VRL Logistics surges on reporting over 3-fold jump in Q4 net profit VRL Logistics is currently trading at Rs. 675.10, up by 17.90 points or 2.72% from its previous closing of Rs. 657.20 on the BSE. The scrip opened at Rs. 670.35 and has touched a high and low of Rs. 680.85 and Rs. 661.65 respectively. So far 6474 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 719.00 on 20-Jul-2022 and a 52 week low of Rs. 483.00 on 10-Feb-2023. Last one week high and low of the scrip stood at ...
VRL Logistics surges on reporting over 3-fold jump in Q4 net profit
VRL Logistics surges on reporting over 3-fold jump in Q4 net profit
Source: Accord Fintech
22/05/2023 10:16:57 AM
Express Business FY23 EBITDA doubled over FY22 Gati Limited (GATI) one of India’s leading premier Express Distribution and Supply Chain Management company, has reported its unaudited financial results for the quarter ended March 31, 2023. Financial Highlights for Express Business – Q4FY23 & FY23   For Q4FY23, Fuel stations revenue grew by 8.7% Y-o-Y, for FY23 the growth stood at 11.5% Y-o-Y.                   &...
Express Business FY23 EBITDA doubled over FY22
Express Business FY23 EBITDA doubled over FY22
Source: PR Agency
20/05/2023 12:42:07 PM
Neutral Blue Dart Express Ltd For Target Rs.1,190 - Motilal Oswal Financial Services Margins to improve with price hikes and recent correction in ATF prices * Blue Dart Express (BDE) reported 4% YoY revenue growth to ~INR12.2b in 4QFY23 (est. INR13.1b). BDE handled 0.27m tonnes of cargo volume (+9.5% YoY), while realization dropped ~5% YoY to INR44.5/kg during the quarter. EBITDA margin came in at 10.5% v/s our estimate of 11.8%. EBITDA declined 41% YoY to INR1.3b. APAT declined 48% YoY to INR703m in 4QFY23 (20% below estimate) led by weak operating performance. * Durin...
Neutral Blue Dart Express Ltd For Target Rs.1,190 - Motilal Oswal Financial Services
Neutral Blue Dart Express Ltd For Target Rs.1,190 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
10/05/2023 10:41:54 AM
Shreeji Translogistics spurts on partnering with WSSL Alloy Steel Shreeji Translogistics is currently trading at Rs. 60.78, up by 1.27 points or 2.13% from its previous closing of Rs. 59.51 on the BSE. The scrip opened at Rs. 60.99 and has touched a high and low of Rs. 60.99 and Rs. 59.31 respectively. So far 12866 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 41.08 on 11-Jul-2022. Last one week high and low of the scrip stood a...
Shreeji Translogistics spurts on partnering with WSSL Alloy Steel
Shreeji Translogistics spurts on partnering with WSSL Alloy Steel
Source: Accord Fintech
8/05/2023 11:04:14 AM
India's Blue Dart Express posts 49% drop in Q4 profit on higher expenses BENGALURU - Indian logistics services provider Blue Dart Express Ltd reported a drop in profit for the second quarter in a row on Friday on continued pressure from higher expenses. The Deutsche Post-controlled company's consolidated net profit fell over 49% to 694.4 million rupees ($8.5 million) in the fourth quarter. Blue Dart's revenue rose over 4% in the quarter, while its total expenses rose over 14%. For further earnings highlights, click WHY IT MATTERS Blue Dart, ...
India's Blue Dart Express posts 49% drop in Q4 profit on higher expenses
India's Blue Dart Express posts 49% drop in Q4 profit on higher expenses
Source: Reuters
5/05/2023 7:33:57 PM
Initiatives to improve logistics efficiency help India climb 6 places on World Bank's LPI:Government The commerce and industry ministry has said that various initiatives taken by the government to improve its logistics efficiency has helped India climb six places on the recently released World Bank's Logistics Performance Index (LPI) 2023. India has climbed six places on the LPI, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology. India was ranked 44th on the index in 2018 and has now climbed to 3...
Initiatives to improve logistics efficiency help India climb 6 places on World Bank's LPI:Government
Initiatives to improve logistics efficiency help India climb 6 places on World Bank's LPI:Government
Source: Accord Fintech
27/04/2023 12:19:04 PM
India jumps six places to rank 38 out of 139 in Logistics Performance Index 2023  India has improved its position in the logistics ranking of the World Bank, by jumping six places to rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023). On four out of six LPI indicators, India has seen remarkable improvement on the back of various initiatives being implemented over the past few years, official sources said. The World Bank has acknowledged India's efforts towards increasing logistics efficiency, they added. The LPI ind...
India jumps six places to rank 38 out of 139 in Logistics Performance Index 2023
India jumps six places to rank 38 out of 139 in Logistics Performance Index 2023
Source: IANS
27/04/2023 9:39:36 AM
Tiger Logistics trades higher on the BSE Tiger Logistics (India) is currently trading at Rs. 353.65, up by 1.65 points or 0.47% from its previous closing of Rs. 352.00 on the BSE. The scrip opened at Rs. 355.95 and has touched a high and low of Rs. 355.95 and Rs. 346.10 respectively. So far 2218 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 148.50 on 20-Jun-2022. Last one week high and low of the scrip ...
Tiger Logistics trades higher on the BSE
Tiger Logistics trades higher on the BSE
Source: Accord Fintech
19/04/2023 11:56:30 AM
VRL Logistics gains on placing order for 1560 Ashok Leyland trucks VRL Logistics is currently trading at Rs. 621.50, up by 5.25 points or 0.85% from its previous closing of Rs. 616.25 on the BSE. The scrip opened at Rs. 620.00 and has touched a high and low of Rs. 625.55 and Rs. 613.45 respectively. So far 4271 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 719.00 on 20-Jul-2022 and a 52 week low of Rs. 483.00 on 10-Feb-2023. Last one week high and low of the scrip stood at R...
VRL Logistics gains on placing order for 1560 Ashok Leyland trucks
VRL Logistics gains on placing order for 1560 Ashok Leyland trucks
Source: Accord Fintech
18/04/2023 3:43:44 PM
Tiger Logistics moves up on launching digital product `FreightJar` Tiger Logistics (India) is currently trading at Rs. 363.90, up by 3.80 points or 1.06% from its previous closing of Rs. 360.10 on the BSE. The scrip opened at Rs. 361.50 and has touched a high and low of Rs. 364.00 and Rs. 361.50 respectively. So far 119 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.75 on 30-Dec-2022 and a 52 week low of Rs. 148.50 on 20-Jun-2022. Last one week high and low of the scrip s...
Tiger Logistics moves up on launching digital product `FreightJar`
Tiger Logistics moves up on launching digital product `FreightJar`
Source: Accord Fintech
18/04/2023 10:12:45 AM
Shreeji Translogistics trades higher on getting AEO-LO certificate from Central Board of Indirect Taxes and Customs Shreeji Translogistics is currently trading at Rs. 66.39, up by 1.09 points or 1.67% from its previous closing of Rs. 65.30 on the BSE. The scrip opened at Rs. 65.37 and has touched a high and low of Rs. 67.75 and Rs. 65.30 respectively. So far 13947 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 40.61 on 20-Apr-2022. Last one week high and low of the scrip stood a...
Shreeji Translogistics trades higher on getting AEO-LO certificate from Central Board of Indirect Taxes and Customs
Shreeji Translogistics trades higher on getting AEO-LO certificate from Central Board of Indirect Taxes and Customs
Source: Accord Fintech
10/04/2023 11:30:11 AM
Headsup Corporation and NITIE signed an agreement to revolutionise human resource interventions in the supply chain and logistics sectors Headsup Corporation and the National Institute of Industrial Engineering (NITIE), Mumbai, signed a memorandum of understanding (MoU) to provide solutions to emerging industrial problems in the promotion of the logistics sector by providing a skilled workforce. The objective of the collaboration is to mutually develop human capital on a large scale to address the transformation of traditional logistics to digital logistics. The logistics services industry is a critical contributor to the In...
Headsup Corporation and NITIE signed an agreement to revolutionise human resource interventions in the supply chain and logistics sectors
Headsup Corporation and NITIE signed an agreement to revolutionise human resource interventions in the supply chain and logistics sectors
Source: PR Agency
5/04/2023 5:10:18 PM
Shipyaari appoints Ex Amazon Manish Bhardwaj as National Sales Director to strengthen its leadership team Mumbai: Shipyaari, is India’s fastest-growing provider of SaaS-based supply chain solutions, headquartered in Mumbai, onboarded Manish Bhardwaj as the new National Sales Director. In his new position, Manish will oversee the development and execution of Shipyaari's customer acquisition strategy along with driving India expansion and identifying new business opportunities to drive revenue growth. Manish comes with a strong logistics background, he has worked in diff...
Shipyaari appoints Ex Amazon Manish Bhardwaj as National Sales Director to strengthen its leadership team
Shipyaari appoints Ex Amazon Manish Bhardwaj as National Sales Director to strengthen its leadership team
Source: PR Agency
5/04/2023 3:46:03 PM
Buy TCI Express Ltd For Target Rs.1,750 - Motilal Oswal Financial Services Asset-light with focus on high margin B2B space * We reiterate our BUY rating on TCI Express Ltd (TCIE) with a TP of INR1,750. Our investment thesis on TCIE is premised on: a) its presence in the high margin B2B Express segment, b) expanding branch network in key markets, targeting the SME segment (the company added 73 branches between April’21 and Dec’22), c) incremental revenues from new services such as air express, rail express, cold chain express, C2C (~18% of revenues in ...
Buy TCI Express Ltd For Target Rs.1,750 - Motilal Oswal Financial Services
Buy TCI Express Ltd For Target Rs.1,750 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
1/04/2023 9:56:28 AM
Add Mold-Teck Packaging Ltd For Target Rs.1,014 - Centrum Broking Mold-Tek Packaging reported decline in sales by 3%. Volumes grew modestly by 3% while realization dropped by 6% YoY to Rs205/kg. The modest growth was on account of weak sales in company’s paints segment. Paints segment’s volume/value declined by 10/16% respectively. Gross margins improved by 50/60bps on YoY/QoQ basis. RM/kg declined by 7/8% on a YoY/QoQ basis to Rs120/kg. Despite lower sales/kg getting offset by lower RM/kg, EBITDA/kg declined by 13% due to higher operating expen...
Add Mold-Teck Packaging Ltd For Target Rs.1,014 - Centrum Broking
Add Mold-Teck Packaging Ltd For Target Rs.1,014 - Centrum Broking
Source: Centrum Broking
29/03/2023 2:12:59 PM
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express Allcargo Logistics is currently trading at Rs. 357.80, up by 11.40 points or 3.29% from its previous closing of Rs. 346.40 on the BSE. The scrip opened at Rs. 355.45 and has touched a high and low of Rs. 362.65 and Rs. 347.80 respectively. So far 4007 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.85 on 14-Nov-2022 and a 52 week low of Rs. 249.50 on 20-Jun-2022. Last one week high and low of the scrip stood...
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express
Source: Accord Fintech
28/03/2023 10:09:58 AM
Shreeji Translogistics soars on adding BHEL as new client in full truck load segment Shreeji Translogistics is currently trading at Rs. 71.40, up by 0.88 points or 1.25% from its previous closing of Rs. 70.52 on the BSE. The scrip opened at Rs. 70.53 and has touched a high and low of Rs. 73.60 and Rs. 68.58 respectively. So far 14047 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 40.00 on 24-Mar-2022. Last one week high and low of the scrip stood a...
Shreeji Translogistics soars on adding BHEL as new client in full truck load segment
Shreeji Translogistics soars on adding BHEL as new client in full truck load segment
Source: Accord Fintech
24/03/2023 12:39:31 PM
Rail Vikas Nigam surges on emerging as lowest bidder for HORC project Rail Vikas Nigam is currently trading at Rs. 64.45, up by 1.54 points or 2.45% from its previous closing of Rs. 62.91 on the BSE. The scrip opened at Rs. 63.93 and has touched a high and low of Rs. 64.80 and Rs. 63.80 respectively. So far 7181 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.15 on 29-Nov-2022 and a 52 week low of Rs. 29.00 on 21-Jun-2022. Last one week high and low of the scrip stood at Rs. 6...
Rail Vikas Nigam surges on emerging as lowest bidder for HORC project
Rail Vikas Nigam surges on emerging as lowest bidder for HORC project
Source: Accord Fintech
20/03/2023 9:38:57 AM
Rail Vikas Nigam surges on emerging as lowest bidder for project worth Rs 111.85 crore Rail Vikas Nigam is currently trading at Rs. 63.77, up by 1.84 points or 2.97% from its previous closing of Rs. 61.93 on the BSE. The scrip opened at Rs. 64.00 and has touched a high and low of Rs. 64.58 and Rs. 63.61 respectively. So far 279911 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.15 on 29-Nov-2022 and a 52 week low of Rs. 29.00 on 21-Jun-2022. Last one week high and low of the scrip stood at Rs....
Rail Vikas Nigam surges on emerging as lowest bidder for project worth Rs 111.85 crore
Rail Vikas Nigam surges on emerging as lowest bidder for project worth Rs 111.85 crore
Source: Accord Fintech
17/03/2023 10:42:09 AM
East West Holdings surges as its arm secures contract from Indian Institute of Petroleum, Dehradun East West Holdings is currently trading at Rs. 4.91, up by 0.13 points or 2.72% from its previous closing of Rs. 4.78 on the BSE. The scrip opened at Rs. 4.98 and has touched a high and low of Rs. 4.98 and Rs. 4.61 respectively. So far 4310 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 10.74 on 16-Mar-2022 and a 52 week low of Rs. 4.34 on 15-Mar-2023. Last one week high and low of the scrip stood at Rs. 5.29 a...
East West Holdings surges as its arm secures contract from Indian Institute of Petroleum, Dehradun
East West Holdings surges as its arm secures contract from Indian Institute of Petroleum, Dehradun
Source: Accord Fintech
16/03/2023 11:01:46 AM
Ecom Express receives Great Place to Work Certification, second time in a row Ecom Express Limited,a new-age technology-driven full stack logistics solutions provider to the e-commerce industry is Great Place to Work-Certified™ again. The Company has been recognized for its credible management, respect for people, fairness at the workplace, pride and camaraderie between people. The certification is a validation of varied efforts of Ecom Express, channelized in the right direction to create an exceptional working environment and promote a culture that supports ...
Ecom Express receives Great Place to Work Certification, second time in a row
Ecom Express receives Great Place to Work Certification, second time in a row
Source: PR Agency
14/03/2023 3:18:54 PM
DJ Mediaprint jumps on securing orders worth Rs 2.50 crore DJ Mediaprint & Logistics is currently trading at Rs. 142.65, up by 2.40 points or 1.71% from its previous closing of Rs. 140.25 on the BSE. The scrip opened at Rs. 142.75 and has touched a high and low of Rs. 142.80 and Rs. 142.65 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 195.00 on 05-Dec-2022 and a 52 week low of Rs. 42.50 on 20-Jul-2022. Last one week high and low of the scrip stood at Rs. 145.05 and Rs. 138.00 respect...
DJ Mediaprint jumps on securing orders worth Rs 2.50 crore
DJ Mediaprint jumps on securing orders worth Rs 2.50 crore
Source: Accord Fintech
14/03/2023 12:28:53 PM
Shipyaari onboards Pallav Jagoori as Chief Product Officer to upgrade its value proposition and customer experience National:Shipyaari, a Saas-based logistics platform committed to simplifying logistics for businesses expanding beyond borders, has announced the appointment of Pallav Jagoori as the Chief Product Officer to support the company’s growth trajectory and drive its vision to be a leader in the segment. Pallav will spearhead the development and execution of customer- focused solutions for an enhanced and engaging experience while simplifying logistical needs. Pallav brings over 15 years o...
Shipyaari onboards Pallav Jagoori as Chief Product Officer to upgrade its value proposition and customer experience
Shipyaari onboards Pallav Jagoori as Chief Product Officer to upgrade its value proposition and customer experience
Source: PR Agency
9/03/2023 4:43:48 PM
$3M Funding for Logistics Firm Pidge, led by Mountain Partners, Indian Angel Network I am excited to introduce you again to Pidge, a logistics firm that has secured $3M in Pre-Series A round led by Mountain Partners, a leading European VC, with participation from Indian Angel Network (IAN) and other investors. Pidge is India's first transaction-based logistics platform, with a pay-as-you-go model and zero onboarding costs. Pidge leverages AI & proprietary algorithms to automate tracking, fleet/order management and customer support. And with it...
$3M Funding for Logistics Firm Pidge, led by Mountain Partners, Indian Angel Network
$3M Funding for Logistics Firm Pidge, led by Mountain Partners, Indian Angel Network
Source: PR Agency
7/03/2023 11:00:43 AM
Shreeji Translogistics surges on the BSE Shreeji Translogistics is currently trading at Rs. 69.97, up by 2.17 points or 3.20% from its previous closing of Rs. 67.80 on the BSE. The scrip opened at Rs. 69.98 and has touched a high and low of Rs. 70.25 and Rs. 67.87 respectively. So far 8849 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 36.41 on 08-Mar-2022. Last one week high and low of the scrip stood at...
Shreeji Translogistics surges on the BSE
Shreeji Translogistics surges on the BSE
Source: Accord Fintech
6/03/2023 2:37:25 PM
Add Container Corporation Ltd For Target Rs 806 - Yes Securities In search of EXIM volume trigger Container Corporation of India (CCRI) performance missed revenue / EBITDA and PAT estimates by 10%/23%/18%. Domestic witnessed strong volume uptick of 23.8% while EXIM reported muted volume. CCRI market share has shrunk in a) Mundra – import front and b) Pipavav – export front.  In order to recover the share, new discount policy has been introduced, the results of which were witnessed in Dec’22 with pickup in EXIM volumes. EBIT m...
Add Container Corporation Ltd For Target Rs 806 - Yes Securities
Add Container Corporation Ltd For Target Rs 806 - Yes Securities
Source: Yes Securities Ltd
6/03/2023 1:51:55 PM
70 projects underway in Andhra worth Rs 33,540cr: Nitin Gadkari Union Minister for Road Transport and Highways Nitin Gadkari said there are currently 70 projects underway in Andhra Pradesh, totalling 2,014 km and costing Rs 33,540 crore. Addressing Andhra Pradesh's Global Investment Summit 2023 at Visakhapatnam on Friday, the Minister said efforts are being made to establish five Green Highways and two Expressways at a total cost of Rs 32,430 crore . Gadkari said during 2022-23, total work costing Rs 15,400 crore has been awarded for a length of...
70 projects underway in Andhra worth Rs 33,540cr: Nitin Gadkari
70 projects underway in Andhra worth Rs 33,540cr: Nitin Gadkari
Source: IANS
4/03/2023 9:43:59 AM
Nitin Gadkari discusses potential areas of collaboration with Austrian delegation Union Minister for Road Transport and Highways, Nitin Gadkari, met an Austrian delegation led by the country's Ambassador to India, Katharina Wieser, here on Thursday. At the meeting, views were exchanged on the latest technologies and innovations in road infrastructure development and green technologies. Representatives from Austrian companies apprised Gadkari about the various innovative technologies and products being manufactured by them. Gadkari informed that several ropeways a...
Nitin Gadkari discusses potential areas of collaboration with Austrian delegation
Nitin Gadkari discusses potential areas of collaboration with Austrian delegation
Source: IANS
3/03/2023 11:43:12 AM
Rail Vikas Nigam zooms as its JV emerges as lowest bidder for 200 Vande Bharat Trains Rail Vikas Nigam is currently trading at Rs. 65.65, up by 7.13 points or 12.18% from its previous closing of Rs. 58.52 on the BSE. The scrip opened at Rs. 61.90 and has touched a high and low of Rs. 67.50 and Rs. 61.90 respectively. So far 6940860 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.15 on 29-Nov-2022 and a 52 week low of Rs. 29.00 on 21-Jun-2022. Last one week high and low of the scrip stood at R...
Rail Vikas Nigam zooms as its JV emerges as lowest bidder for 200 Vande Bharat Trains
Rail Vikas Nigam zooms as its JV emerges as lowest bidder for 200 Vande Bharat Trains
Source: Accord Fintech
2/03/2023 3:58:35 PM
Adani Ports rises as its arm incorporates wholly owned subsidiary Adani Ports and Special Economic Zone is currently trading at Rs. 564.90, up by 2.90 points or 0.52% from its previous closing of Rs. 562.00 on the BSE. The scrip opened at Rs. 562.05 and has touched a high and low of Rs. 573.80 and Rs. 552.00 respectively. So far 258864 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 987.90 on 20-Sep-2022 and a 52 week low of Rs. 394.95 on 03-Feb-2023. Last one week high and lo...
Adani Ports rises as its arm incorporates wholly owned subsidiary
Adani Ports rises as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
28/02/2023 10:48:15 AM