Sical Logistics is currently trading at Rs. 219.00, up by 1.45 points or 0.67% from its previous closing of Rs. 217.05 on the BSE.
The scrip opened at Rs. 220.60 and has touched a high and low of Rs. 256.00 and Rs. 216.60 respectively. So far 25180 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 256.00 on 01-Nov-2016 and a 52 week low of Rs. 119.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 221.00 and Rs. 181.30 respectively. The current market cap of the company is Rs. 1234.36 crore.
The promoters holding in the company stood at 62.20%, while Institutions and Non-Institutions held 1.04% and 36.76% respectively.
Sical Logistics has been selected as the Mine Developer & Operator for Development and Operation of Tara [East & West] Coal Mine of the West Bengal Power Development Corporation through a tender process. As per the requirement of the tender, a separate SPV being 100% subsidiary of the company viz. Sical Mining has been incorporated.
The contract with West Bengal Power Development Corporation was executed on October 27, 2016 by Sical Mining. This business is expected to generate revenue in excess of Rs1500 crore during project period estimated to be around 7 years.
Sical Logistics is a holding company. The company is primarily engaged in providing integrated logistics services. The company's divisions include Port Handling, Road Logistics, Retail Supply Chain Solutions, Customs House Agency, Ship Agency and Goodwill Travels Division, Shipping Division and Goodwill Travels Division.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.70 |
| TVS Supply Chain Sol | 114.50 |
| Container Corp | 521.75 |
| Delhivery | 462.00 |
| Mahindra Logistics | 401.50 |
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