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Patel Integrated Logistics Ltd.

BSE: 526381 Sector: Others
NSE: PATINTLOG ISIN Code: INE529D01014
BSE 15:40 | 22 Jan 82.25 0.95
(1.17%)
OPEN

82.05

HIGH

83.65

LOW

81.25

NSE 15:49 | 22 Jan 82.30 1.10
(1.35%)
OPEN

81.15

HIGH

84.05

LOW

81.15

OPEN 82.05
PREVIOUS CLOSE 81.30
VOLUME 9682
52-Week high 98.00
52-Week low 70.10
P/E 24.12
Mkt Cap.(Rs cr) 136
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 82.05
CLOSE 81.30
VOLUME 9682
52-Week high 98.00
52-Week low 70.10
P/E 24.12
Mkt Cap.(Rs cr) 136
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Patel Integrated Logistics Ltd. (PATINTLOG) - Company History

Patel Roadways (PRL) was promoted by Asgar S Patel in 1959. He was the loader, driver and delivery boy for the first consignment of PRL from Bombay to Delhi. He has been instrumental in steering PRL to its present size. It is the flagship of the Patel group, which has about half-a-dozen companies in its fold, including Wall Street Finance, Patel International, Wall Street Construction, etc. PRL has a wide network comprising over 600 branches and servicing over 1100 outlets. The company has also diversified into exports of seafood, leather goods, granite, garments, engineering goods and medical equipment. A public issue was made in 1994 to increase the fleet of trucks from 66 to 166 and to purchase 18 LCVs to enable it to cater to bulk items such as newsprint and commodities. Clockwise Cargo, a division of PRL offers time-bound, precision delivery systems, from the doorstep of the consigner to the doorstep of the consignee, has posted a 100% growth. Corporate Logistics, the second division of the company, offers a total distribution package to large corporate houses. The services offered include collection of goods at the manufacturing site, warehousing facilities, total inventory control and deliveries to retail outlets throughout the country. The company was successful in computerizing a large portion of its network as well as introducing a state-of-the-art track and trace system for improving overall efficiencies.