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Election Impact! Logistics stocks trade higher on GST hopes

Election Impact! Logistics stocks trade higher on GST hopes

The shares of logistics companies are gaining on the counter, as BJP and regional parties have put up a good show in the just concluded regional elections. West Bengal CM Mamata Banerjee said to a press gathering that TMC will support the passage of GST in Rajya Sabha during the monsoon session.

The shares of logistics companies are gaining on the counter, as BJP and regional parties have put up a good show in the just concluded regional elections. West Bengal CM Mamata Banerjee said to a press gathering that TMC will support the passage of GST in Rajya Sabha during the monsoon session. After this electoral debacle, it will become increasingly difficult for Congress to block GST in the upper house, as most regional parties are more or less on the same page in regards to GST.

Allcargo Logistics is planning to invest Rs.130 crore to buy a controlling stake in CCI Logistics, as per media reports. On February 15, it got an inprinciple board approval to buy a majority stake in CCI, a company in freight forwarding and contract logistics with a special focus on chemicals. Allcargo Logistics Ltd is currently trading at Rs. 157, up by Rs. 11.75 or 8.09% from its previous closing of Rs. 145.25 on the BSE.

Patel Integrated Logistics Ltd is currently trading at Rs. 102.8, up by Rs. 8.45 or 8.96% from its previous closing of Rs. 94.35 on the BSE.  The scrip opened at Rs. 94.3 and has touched a high and low of Rs. 104.3 and Rs. 93.65 respectively. So far 418948(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 149.89 crore.

VRL Logistics Ltd is currently trading at Rs. 409.8, up by Rs. 18.9 or 4.83% from its previous closing of Rs. 390.9 on the BSE. The scrip opened at Rs. 393 and has touched a high and low of Rs. 415 and Rs. 392.9 respectively. So far 279212(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3566.71 crore.

Sical Logistics Ltd is currently trading at Rs. 138, up by Rs. 3.5 or 2.6% from its previous closing of Rs. 134.5 on the BSE. The scrip opened at Rs. 138 and has touched a high and low of Rs. 140 and Rs. 135.8 respectively. So far 117841(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 747.82 crore.

Snowman Logistics Ltd is currently trading at Rs. 59.9, up by Rs. 2.45 or 4.26% from its previous closing of Rs. 57.45 on the BSE. The scrip opened at Rs. 57.2 and has touched a high and low of Rs. 61.3 and Rs. 56.75 respectively. So far 2743509(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 959.92 crore.
Gati Ltd is currently trading at Rs. 128, up by Rs. 10.2 or 8.66% from its previous closing of Rs. 117.8 on the BSE. The scrip opened at Rs. 117.15 and has touched a high and low of Rs. 129.9 and Rs. 117.05 respectively. So far 5175984(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1035.45 crore.
 
 

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Marie Hi Dave, I noticed you have an ad for Optimize Press. I’ve had a hard time setting up a web site. I finally went with Weebly.com because it’s easy to understand. Do you think Optimize Press would be good? Is it very easy? And can it be used to create regular web sites? What theme did you use for WebVideoUniversity.com? Thanks for your help and thanks for good solid content week after week! Marie

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2017-01-25 10:47:13

Resigning better clinic may not seem to influence the amounts of pets being adopted. However, in reality, it will encouragement those people looking for pets not to take them out of fear for the animal’s life, but rather, because they are ready to take a healthy pet into their lives. It is important to support no-kill animal shelters, as they have a very noble cause.

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2017-01-25 15:12:57

That is a problem for getting government funded student loans started. The federal government doesn’t have enough income to pay for the regular budget. This year the regular budget is 1.56 trillion dollars short. So we have to deficit spend that much without any new programs. The debt forgiving is ok. But we need to keep using the private sector to make the loans at this time. Until we get the debt under control.

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2017-01-26 07:46:44

Myrna Loy – Style Icon (waldina.com) 47.610789 -122.323751 Rate this:Share this:ShareFacebookPinterestTwitterStumbleUponTumblrLinkedInEmailDiggPrintRedditLike this:LikeBe the first to like this. Filed Under: read, Watch Tagged With: Academy Award, Academy Award for Best Actress, Actor, Glass Menagerie, Hazel, Hollywood, Hollywood Walk of Fame, inspirations, Myrna Loy, New York, New York City, oscars, read, Shirley Booth, style icon, Tony Award, watch « Louise Brooks – Style Icon

2017-01-26 09:01:15

Panie Grzegorzu, jaki tam z niego prorok! Czyżby przedstawił za mało bądź niedostateczne argumenty na rzecz zdolności profetycznych Pana Reżysera Andrzeja Wajdy? A może przykład jest za mało przekonujący?Pozdrawiam,

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