Shreyas Shipping zooms on inking MOA for acquisition of one container vessel of 1100 teus

13 Feb 2017

Shreyas Shipping & Logistics is currently trading at Rs. 288.75, up by 47.35 points or 19.61% from its previous closing of Rs. 241.40 on the BSE.

The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 289.65 and Rs. 255.00 respectively. So far 283190 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 464.55 on 11-Jul-2016 and a 52 week low of Rs. 133.10 on 17-Feb-2016.

Last one week high and low of the scrip stood at Rs. 289.65 and Rs. 229.00 respectively. The current market cap of the company is Rs. 634.35 crore.

The promoters holding in the company stood at 73.25%, while institutions and non-institutions held 2.41% and 24.35% respectively.

Shreyas Shipping & Logistics has signed a Memorandum of Agreement (MOA) for acquisition of one container vessel of about 1100 teus. The delivery of the vessel is expected in first week of March, 2017.

Shreyas Shipping and Logistics was formed primarily to own and operate vessels for feedering of containers between Indian Ports and Internationally renowned container transshipment ports.

 

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Shreyas Shipping Share Price

82.50 1.45 (1.79%) Mar 01, 18:43
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 103.70
GE Shipping 307.50
Dredging Corp 414.30
Shreyas Shipping 82.50
Essar Shipping 8.96
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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