Kesar Terminals shines on commencing Rail Terminal Operations and goods train

25 Apr 2016 Evaluate

Kesar Terminals & Infrastructure is currently trading at Rs. 413.20, up by 21.20 points or 5.41% from its previous closing of Rs. 392.00 on the BSE.

The scrip opened at Rs. 403.00 and has touched a high and low of Rs. 421.70 and Rs. 403.00 respectively. So far 2360 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 498.20 on 16-Jul-2015 and a 52 week low of Rs. 323.50 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 421.70 and Rs. 377.40 respectively. The current market cap of the company is Rs. 215.38 crore.

The promoters holding in the company stood at 59.92% while Institutions and Non-Institutions held 4.89% and 35.18% respectively.

Kesar Terminals & Infrastructure has commenced Rail Terminal Operations and movement of goods train from the Multimodal Composite Logistics hub of Kesar Multimodal Logistics (KMLL) - the subsidiary of the company at Powarkheda, Dist. Hoshangabad, Madhya Pradesh (MP).

The facilities at the hub will permit transportation of food grains, soya extract, vegetables and fruits from this location to any location in India within 24 hours. This location, which is situated at nearly the centre of Indian Railway map, will offer an opportunity to the manufacturers of bulk commodities, such as cement, steel, fertilizer etc. to quickly move their cargo from their manufacturing point to the Terminal for storage and onward distribution. The facilities of the hub will also permit rail transportation of ICD containers from surrounding areas to the major ports like JNPT, Mundra & vice-versa for both, exports & imports thereby saving costly road freight, besides reducing pollution of truck movement.

Kesar Terminals & Infrastructure (KTIL), a wholly owned subsidiary of Kesar Enterprises (KEL). KEL is a Company of over 75 years standing with diversified activities of manufacture of Sugar, Alcohol, production of hybrid seeds and in the service sector. 

Kesar Terminal&Infra Share Price

87.50 2.47 (2.90%)
21-May-2024 09:35 View Price Chart
Peers
Company Name CMP
Allcargo Logistics 71.68
TVS Supply Chain Sol 174.65
Container Corp 1104.90
Mahindra Logistics 441.75
Transport Corp. 918.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.