Shreyas Shipping surges on inking MOA for sale of one container vessel

14 Feb 2017

Shreyas Shipping & Logistics is currently trading at Rs. 292.55, up by 2.90 points or 1.00% from its previous closing of Rs. 289.65 on the BSE.

The scrip opened at Rs. 301.00 and has touched a high and low of Rs. 302.25 and Rs. 287.90 respectively. So far 64478 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. 302.25 and Rs. 229.00 respectively. The current market cap of the company is Rs. 655.43 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 sale of one of its container vessel M. V. SSL Trust.

Recently, the company also signed a MOA for acquisition of one container vessel of about 1100 teus.

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.

Related Shreyas Shipping & Logistics Ltd. Links:

Shreyas Shipping Share Price

98.00 -6.00 (-5.77%) May 14, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323