Logistics shares gain; Mahindra, Snowman, Future Supply hit 52-week high

Mahindra Logistics, Tiger Logistics and Snowman Logistics were up in the range of 8% to 9% on BSE

Shares of logistics companies were in focus with trading higher by up to 10% in intra-day trade in otherwise range-bound market.

Mahindra Logistics, Tiger Logistics and Snowman Logistics up in the range of 8% to 9%, while Future Supply Chain Solutions, Patel Integrated Logistics, Blue Dart Express, Gati and Gateway Distriparks up between 1% and 3% on BSE. On comparison, the S&P BSE Sensex was up 0.13% at 34,550 points at 02:53 PM.

Snowman Logistics hits a 52-week high of Rs 71, up 11% on BSE in intra-day trade on back of nearly two-fold jump in trading volumes. A