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Patel Integrated Logistics Ltd.

BSE: 526381 Sector: Others
NSE: PATINTLOG ISIN Code: INE529D01014
BSE LIVE 15:40 | 18 Aug 75.90 -1.35
(-1.75%)
OPEN

75.75

HIGH

76.65

LOW

75.00

NSE 15:31 | 18 Aug 75.80 -0.95
(-1.24%)
OPEN

76.50

HIGH

76.50

LOW

75.05

OPEN 75.75
PREVIOUS CLOSE 77.25
VOLUME 4167
52-Week high 99.40
52-Week low 69.50
P/E 17.86
Mkt Cap.(Rs cr) 126
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 75.75
CLOSE 77.25
VOLUME 4167
52-Week high 99.40
52-Week low 69.50
P/E 17.86
Mkt Cap.(Rs cr) 126
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.