Aegis trades higher on receiving additional allotment of 15 acres of land at Kandla Port

Aegis Logistics is currently trading at Rs. 90.10, up by 1.50 points or 1.69% from its previous closing of Rs. 88.60 on the BSE.

The scrip opened at Rs. 89.70 and has touched a high and low of Rs. 92.50 and Rs. 87.45 respectively. So far 84899 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.00 on 22-Sep-2015 and a 52 week low of Rs. 31.50 on 17-Oct-2014.

Last one week high and low of the scrip stood at Rs. 93.80 and Rs. 86.70 respectively. The current market cap of the company is Rs. 2969.26 crore.

The promoters holding in the company stood at 62.93% while Institutions and Non-Institutions held 8.74% and 28.32% respectively.

Aegis Group, a Leader in Oil, Gas and Chemical Logistics, has been allotted 15 acres of land at Kandla Port to build a Storage Terminal in addition to existing 5 acres of land already allotted in April 2015. With this the aggregate land allotted at Kandla port is 20 acres. The land is allotted on a lease for a period of 30 years by Kandla Port Trust.

Aegis Logistics is India’s leading Oil, Gas, and Chemical logistics company. The company has five distinct but related business segments, and operates a network of bulk liquid terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.