VRL Logistics share: The sharp upmove in VRL Logistics share price came after the company released its Q3 results after market hours on February 5, 2025
The rise in VRL Logistics share price came after the company announced that it has purchased the existing transhipment hub occupied by the company on lease basis at Bengaluru for Rs 229.30 crore
VRL Logistics' profit rose 81.7 per cent year-on-year (Y-o-Y) to Rs 35.8 crore in Q2FY25, from Rs 19.7 crore in Q2FY24.
The fall in the share price came on the back of weak June quarter of financial year 2025 (Q1FY25) results.
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
In the domestic market, foreign institutional investors (FIIs) offloaded shares worth Rs 92.95 crore, on May 18. Meanwhile, domestic institutional investors (DIIs) sold shares worth Rs 152.87 crore
Homegrown Tiger Logistics (India) on Friday said it has signed an agreement with Bagladesh-based Sikder Group to establish a Joint Venture (JV) for global trade. Sikder Group handles the development and operations of the Mongla Economic Zone at Mongla Port, which is the second-largest seaport in Bangladesh, Tiger Logistics (India) said in an exchange filing. The development comes in continuation of the strengthening of connectivity between the two nations, as Bangladesh granted India permanent access to Chattogram and Mongla Port in April 2023. Recognising the increasing demand for international logistics, particularly between India and Bangladesh, the company aims to play a pivotal role in stimulating economic growth in the region. Tiger Logistics (India) Ltd announced the signing of a Memorandum of Understanding (MoU) with PowerPac Holdings Limited, a concern of Sikder Group, Bangladesh, to formalise a strategic partnership and establish a joint venture (JV) in the logistics sec
The new logistics policy aims to trim the costs to single digits, from 13-14 per cent of the GDP at present, by 2030
In the past one month, the stock has outperformed the market by surging nearly 30 per cent as compared to 1 per cent decline in the S&P BSE Sensex.
Tata Motors on Thursday said it has bagged an order for 1,300 commercial vehicles from VRL Logistics. The order comprises medium and heavy commercial vehicle and intermediate & light commercial vehicle range, suited for logistics operations of VRL Logistics, the Mumbai-based automaker said in a statement. The vehicles were selected basis the superior drivability, high fuel efficiency and low total cost of ownership, which will enable VRL Logistics to increase its fleet efficiency, it added. "We endeavour to engineer our vehicles to offer the lowest total cost of ownership and our widest service network will ensure best-in-the-industry service support in all corners of the country. We look forward to a fruitful partnership with VRL Logistics and will offer the best support for their seamless operations," Tata Motors Commercial Vehicle Business Unit Vice President, Sales & Marketing Rajesh Kaul noted. Tata Motors said its commercial vehicles are designed and engineered on the ...
Logistics stocks have been showing strength on the medium term charts, according to Vinay Rajani of HDFC Securities.
The board will also consider and approve the un-audited financial results for Q3FY21, on February 2
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VRL Logistics has maintained a strong base near Rs 145 level.
The operator of about 5,000 vehicles, including tankers, cranes and buses, has identified some 700 low capacity trucks for possible scrappage
Net income increased to Rs 5.30 bn during the April-June quarter of the current fiscal from Rs 4.97 bn in the year-ago period.
Fleet addition is expected to commence by April 2019 and would conclude by December 2019, said the company
The stock dipped 9% to Rs 305 after the company reported 30% YoY drop in profit at Rs 8.38 cr in Q4.
The stock surged 20% to Rs 378 on the BSE in early morning trade.