 "National logistics index: Gujarat, Punjab, Andhra best performing states")
Shares of logistics companies were in focus and rallied by up to 8% on the BSE on expectations of impressive growth in the current financial year 2018-19.
TCI Express, Sical Logistics, Patel Integrated Logistics, Allcargo Logistics, Transport Corporation of India and VRL Logistics were up in the range of 2% to 8% on the BSE. In comparison, the S&P BSE Sensex was up 0.78% at 37,454 points at 10:38 am.
TCI Express hit a 52-week high of Rs 690, up 7% on the BSE, after the company reported 33% year-on-year (YoY) growth in net profit at Rs 161 million, on back of strong revenue growth.
The company's Q1 revenue reflected a healthy growth of 21.84% and at
TCI Express, Sical Logistics, Patel Integrated Logistics, Allcargo Logistics, Transport Corporation of India and VRL Logistics were up in the range of 2% to 8% on the BSE. In comparison, the S&P BSE Sensex was up 0.78% at 37,454 points at 10:38 am.
TCI Express hit a 52-week high of Rs 690, up 7% on the BSE, after the company reported 33% year-on-year (YoY) growth in net profit at Rs 161 million, on back of strong revenue growth.
The company's Q1 revenue reflected a healthy growth of 21.84% and at
