Shreeji Translogistics shines on adding UPS as new client in bonded trucking division

Shreeji Translogistics is currently trading at Rs. 338.45, up by 12.40 points or 3.80% from its previous closing of Rs. 326.05 on the BSE.

Shreeji Translogistics
Shreeji Translogistics

The scrip opened at Rs. 329.80 and has touched a high and low of Rs. 342.00 and Rs. 324.45 respectively. So far 7472 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 355.50 on 30-Sep-2022 and a 52 week low of Rs. 43.60 on 08-Oct-2021.

Last one week high and low of the scrip stood at Rs. 346.05 and Rs. 307.00 respectively. The current market cap of the company is Rs. 354.78 crore.

The promoters holding in the company stood at 72.70%, while Non-Institutions held 27.30% stake in the company.

Shreeji Translogistics has added United Parcel Service (UPS), a multinational logistics company, as one of its esteemed clients in the bonded trucking division.

The company is a pioneer in bonded trucking services and will act as one of the foremost and exclusive partners to provide path-breaking bonded trucking services for transshipment of import and export cargo of UPS.

The services will be currently provided in the entire southern region of India wherein UPS is presently operating one daily flight.

This partnership showcases the strength of the company’s ability in providing differentiated value-added services and participating in government’s focus on providing superior logistics services while reducing overall cost of logistics.

This association is now a month old and is progressing on expected line while providing ample of growth opportunities for the company.

Shreeji Translogistics provides logistics services. The company offers truck load transport, parcel delivery, import-export, bonded trucking, warehousing, shipping line container movement, and value added services.

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