Covid-19 vaccination: How TCI and other logistic stocks look on charts

India is likely to start a vaccination drive around January 2021 and is now preparing the road map for what will be perhaps the world's largest vaccination drive next year.

Most logistics companies such as VRL Logistics, Transport Corporation of India (TCI) were trading in the negative territory in the morning deals on Wednesday as compared to a 0.6 per cent decline in the benchmark S&P BSE Sensex. Shares of logistics companies are expected to remain in focus ahead as India needs ample cold chain and distribution infrastructure for its Covid-19 vaccination programme. 

India is likely to start vaccination drive around January 2021 and is now preparing the road map for what will be perhaps the world's largest vaccination drive next year. Data shows that India has ample manufacturing capacity (about