 "Aegis Logistics surges 7% ahead of board meet")
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Aegis Logistics has surged 7% to Rs 396 on NSE, ahead of board meeting today, 19 September 2014, to consider and approve sale of a minority stake in one of company’s subsidiary.
The stock opened at Rs 375 and touched a fresh 52-week high of Rs 402 on BSE. The trading volumes on the counter more than doubled with approximately 172,000 shares changing hands so far on BSE and NSE combined.
Aegis Logistic is India’s leading oil, gas, and chemical logistics company. The Group has five distinct but related business segments, and operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.
The company has nine wholly or partially owned subsidiaries as on 31st March 2014 with business akin and germane to that of holding Company.
The stock opened at Rs 375 and touched a fresh 52-week high of Rs 402 on BSE. The trading volumes on the counter more than doubled with approximately 172,000 shares changing hands so far on BSE and NSE combined.
Aegis Logistic is India’s leading oil, gas, and chemical logistics company. The Group has five distinct but related business segments, and operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.
The company has nine wholly or partially owned subsidiaries as on 31st March 2014 with business akin and germane to that of holding Company.
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