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Shreyas Shipping & Logistics soars on selling Vessel ‘SSL Kutch’ for $3.5 million

20 Feb 2020 Evaluate

Shreyas Shipping & Logistics is currently trading at Rs. 77.00, up by 3.60 points or 4.90% from its previous closing of Rs. 73.40 on the BSE.

The scrip opened at Rs. 76.90 and has touched a high and low of Rs. 77.00 and Rs. 76.90 respectively. So far 280 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.70 on 18-Mar-2019 and a 52 week low of Rs. 62.55 on 30-Dec-2019.

Last one week high and low of the scrip stood at Rs. 85.85 and Rs. 72.50 respectively. The current market cap of the company is Rs. 161.39 crore.

The promoters holding in the companyy stood at 68.94%, while Institutions and Non-Institutions held 1.19% and 29.87% respectively.

Shreyas Shipping & Logistics has sold one of its container Vessel ‘SSL Kutch’ for a consideration of $3.5 million. Earlier, the company had signed a Memorandum of Agreement (MOA) for sale of one of its container vessel, SSL Kutch.

Shreyas Shipping & 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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