PIX Transmission stock hits 5% upper circuit on commission of Centralized Logistic Hub in Nagpur

5 Apr 2022 , 12:56 PM

Pix Transmission Ltd has informed that company’s Centralized Logistic Hub, located at Khasra no. 13, 14 and 15/3, Village Sangam, Tehsil Hingna, District Nagpur, Maharashtra, is now fully operational.

“This facility will allow us better visibility in terms of the movement of our finished goods inventory; thereby further streamlining our dispatch process for added efficiency”, said company in a regulatory filing on Monday.

At around 12:59 PM on Tuesday, Pix Transmission was trading at Rs1,016.10 apiece up by Rs48.35 or 5% from its previous closing of Rs967.75 apiece on the BSE.