Sical Logistics surges by over 2% on Thursday

India Infoline News Service | Mumbai | August 03, 2017 11:10 IST

Shares of Sical Logistics soared by over 2% intraday on Thursday on the back of the reports that the company will provide Corporate Guarantee to the extent of Rs 40 crore to Kamarajar Port on behalf of the company’s subsidiary for execution of the modification project.

Business growth, bull
Shares of Sical Logistics soared by over 2% intraday on Thursday on the back of the reports that the company will provide Corporate Guarantee to the extent of Rs 40 crore to Kamarajar Port on behalf of the company’s subsidiary for execution of the modification project.
 
The stock was trading higher by 2.11% at Rs 265 per share on BSE at 0948 hours. It opened at Rs 272 per share. It touched its intraday high and low at Rs 275 and Rs 265.15, respectively. Its 52-week high stood at Rs 286 (May 11, 2017) and low at Rs 132.80 (August 09, 2016). It attracted total traded volume of 1,31,726 shares and traded value of Rs 355.09 lakh on NSE at 0948 hours.
 
Sical Logistics is a holding company. The company is primarily engaged in providing integrated logistics services. 
 
 Stock View:
 
Sical Logistics Ltd is currently trading at Rs 265.6, up by Rs 5.2 or 2% from its previous closing of Rs 260.4 on the BSE.
 
The scrip opened at Rs 272 and has touched a high and low of Rs 275 and Rs 263 respectively. So far 201204(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1447.82 crore.
 
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 285 on 11-May-2017 and a 52 week low of Rs 142 on 10-Aug-2016. Last one week high and low of the scrip stood at Rs 267.8 and Rs 248.15 respectively.
 
The promoters holding in the company stood at 56.24 % while Institutions and Non-Institutions held 1.92 % and 41.84 % respectively.
 
The stock is currently trading above its 100 DMA.

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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