Shreeji Translogistics stock locks at new 52-week highs after migrating from SME Platform to BSE's Main Board

18 Jan 2022 , 12:04 PM

Investors were upbeat on Shreeji Translogistics on stock exchanges during Tuesday’s trading session after the company migrated from the SME Platform of BSE Limited to the Main Board of BSE Limited.

At around 12.01 pm, the company’s stock was trading at a new 52-week high of Rs199.25 per piece up by 4.98% on Sensex. This price level is also the stock’s upper circuit.

Currently, the company Company owns and operates a strong fleet of commercial vehicles consisting of 290 owned trucks and more than 400 outsourced trucks and serve a broad range of industries, including E-commerce, fast-moving consumer goods (FMCG), white goods, food, textiles and apparel, furniture and fixture, pharmaceutical, plastics and metal.

The company has expanded its goods transportation network across various states, covering all the regions across India and providing services over a broad range of distances from Kerala in the South to Jammu in the North, Gujarat in the West to Kolkata in the East.