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Last Mile Enterprises surges on inking MoU with Agribid

24 Feb 2023 Evaluate

Last Mile Enterprises is currently trading at Rs. 114.90, up by 4.90 points or 4.45% from its previous closing of Rs. 114.90 on the BSE.

The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 114.90 and Rs. 110.00 respectively. So far 4 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.50 on 27-Jan-2023 and a 52 week low of Rs. 17.30 on 29-Mar-2022.

Last one week high and low of the scrip stood at Rs. 121.00 and Rs. 106.80 respectively. The current market cap of the company is Rs. 134.27 crore.

The promoters holding in the company stood at 68.50%, while Non-Institutions held 31.50% stake in the company.

Last Mile Enterprises has entered into Memorandum of Understanding (MoU) with Agribid, based out of Mumbai, Maharashtra to facilitate disposal of huge food grains stock of Government/ Government Agencies though the trading platform of Agribid. 

Earlier, the company had entered into Memorandum of Understanding (MoU) with Miyakawa Industry, based in Japan, and Arhan Technologies, based out of Pune, Maharashtra and AD Group, based out of Mumbai, Maharashtra.

Last Mile Enterprises is currently engaged in construction and engineering business activity.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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