Aegis Logistics scales record high

Aegis Logistics jumped 6.91% at Rs 474.30 at 13:18 IST on BSE, with the stock extending its post result upmove on follow-up buying.

Meanwhile, the BSE Sensex was down 12.92 points, or 0.05% to 28,150.37

On BSE, so far 2.24 lakh shares were traded in the counter as against an average daily volume of 23,213 shares in the past one quarter.

The stock hit a record high of Rs 485 in intraday trade today, 19 November 2014. The stock hit a low of Rs 456.90 so far during the day. The stock had hit 52-week low of Rs 138.60 on 21 February 2014.

The stock had outperformed the market over the past one month till 18 November 2014, rising 38.21% compared with the Sensex's 7.87% rise. The scrip had also outperformed the market in past one quarter, gaining 33.85% as against Sensex's 6.72% rise.

The small-cap company has an equity capital of Rs 33.40 crore. Face value per share is Rs 10.

Shares of Aegis Logistics are on a roll recently, surging 25.27% in three trading days from a recent low of Rs 378.60 on 14 November 2014 triggered by reporting good Q2 result after market hours on 14 November 2014. Aegis Logistics' consolidated net profit rose 24% to Rs 25.64 crore on 4.5% fall in total income to Rs 1493.70 crore in Q2 September 2014 over Q2 September 2013.

Aegis Logistics is India's leading oil, gas, and chemical logistics company. The company has five distinct but related business segments, and operates a network of bulk liquid terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.

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