Sical Logistics is currently trading at its upper circuit limit of Rs. 109.27, up by 5.20 points or 5.00% from its previous closing of Rs. 104.07 on the BSE.
The scrip opened at Rs. 109.27 and has touched a high and low of Rs. 109.27 and Rs. 109.27 respectively. So far 5750 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.27 on 13-Oct-2023 and a 52 week low of Rs. 6.43 on 02-Nov-2022.
Last one week high and low of the scrip stood at Rs. 109.27 and Rs. 99.12 respectively. The current market cap of the company is Rs. 712.98 crore.
The promoters holding in the company stood at 95.00%, while Institutions and Non-Institutions held 0.02% and 4.98% respectively.
Sical Logistics has received approval for the acquisition of remaining 2.50% equity shares and voting rights in one of its subsidiary company i.e. Patchems P and consequently making it as wholly owned subsidiary company. The said acquisition will be completed by the end of April 2024. The board of directors of the company at their meeting held on October 12, 2023 has approved the same.
Sical is India’s leading provider of integrated solutions for offshore logistics and multi-modal logistics for bulk and containerized cargo. The company is the handler of more than 26 million tonnes of bulk cargo and 500,000 TEUs of containerized cargo annually.
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