Patel Integrated Logistics is currently trading at Rs. 90.40, up by 1.35 points or 1.52% from its previous closing of Rs. 89.05 on the BSE.
The scrip opened at Rs. 90.50 and has touched a high and low of Rs. 90.50 and Rs. 90.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.70 on 15-Jul-2016 and a 52 week low of Rs. 69.50 on 23-Nov-2016.
Last one week high and low of the scrip stood at Rs. 91.00 and Rs. 86.50 respectively. The current market cap of the company is Rs. 143.77 crore.
The promoters holding in the company stood at 43.51%, while Institutions and Non-Institutions held 0.31% and 56.18% respectively.
Patel Integrated Logistics has signed a Letter of Intent (LoI) with Sumar Logistics & Industrial Park to acquire warehouse of 35,000 square feet carpet area in Gujarat on 30 year lease basis. The Letter of Intent is subject to final lease agreement. This step has been taken by the company as a part of expansion plan for warehouse business.
Patel Integrated Logistics is an India-based logistics solutions provider. The company’s segments include Surface Transportation, Co-loading of Courier and Consolidation of Cargo.
