Hot Pursuit
Home >> Markets >> Equity >> News >> Hot Pursuit Detailed News
VRL Logistics gains on land purchase pact
(14:16, 19 Jun 2017)

The announcement was made on Saturday, 17 June 2017.

Meanwhile, the S&P BSE Sensex was up 242.22 points, or 0.78% at 31,298.62. The S&P BSE Small-cap index was up 12.63 points, or 0.08% at 15,679.87.

On the BSE, 15,000 shares were traded on the counter so far as against the average daily volumes of 23,083 shares in the past one quarter. The stock had hit a high of Rs 335 and a low of Rs 328.05 so far during the day. The stock had hit a 52-week high of Rs 377.50 on 21 July 2016 and a 52-week low of Rs 244.70 on 9 November 2016.

The stock had underperformed the market over the past one month till 16 June 2017, declining 3.3% compared with the Sensex's 1.55% rise. The scrip had, however, outperformed the market over the past one quarter advancing 6.2% as against the Sensex's 4.97% rise. The scrip had, however, underperformed the market over the past one year advancing 7.07% as against the Sensex's 17.08% rise.

The small-cap company has equity capital of Rs 91.24 crore. Face value per share is Rs 10.

VRL Logistics said that the company has entered into an agreement of sale with Rajglory Infra LLP for purchase of land and construction of transshipment yard at Surat, Gujarat at estimated cost of around Rs 83 crore. The payment would be made in stages and said premises would be available for operation after completion within the next 24 months.

VRL Logistics' net profit fell 29.8% to Rs 8.38 crore on 6.6% increase in net sales to Rs 442.86 crore in Q4 March 2017 over Q4 March 2016.

VRL Logistics is engaged in goods transportation and passenger transportation. The company offers logistics services dealing in domestic transportation of goods. It is also engaged in bus operations, air chartering service, sale of power and sale of certified emission reductions (CER) units generated from operation of wind mills.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     406.20   Down   -0.85 (-0.21%)   Ambuja Cements Ltd     282.20   Up   0.40 (0.14%)   Asian Paints Ltd     1,222.90   Up   48.75 (4.15%)   Aurobindo Pharma Ltd     742.70   Down   -8.25 (-1.10%)   Axis Bank Ltd     451.95   Up   2.00 (0.44%)   Bajaj Auto Ltd     3,210.05   Down   -7.60 (-0.24%)   Bajaj Finance Ltd     1,826.05   Down   -7.70 (-0.42%)   Bharat Petroleum Corporation Ltd     509.65   Down   -1.65 (-0.32%)   Bharti Airtel Ltd     502.05   Up   4.70 (0.95%)   Bharti Infratel Ltd     453.30   Up   4.30 (0.96%)   Bosch Ltd     21,320.50   Up   37.95 (0.18%)   Cipla Ltd     595.05   Up   2.15 (0.36%)   Coal India Ltd     289.70   Down   -0.15 (-0.05%)   Dr Reddys Laboratories Ltd     2,363.65   Down   -2.55 (-0.11%)   Eicher Motors Ltd     31,483.30   Up   312.50 (1.00%)   GAIL (India) Ltd     444.25   Up   9.10 (2.09%)   HCL Technologies Ltd     914.55   Down   -22.70 (-2.42%)   HDFC Bank Ltd     1,867.10   Up   3.80 (0.20%)   Hero Honda Motors Ltd     3,755.40   Down   -35.85 (-0.95%)   Hindalco Industries Ltd     268.85   Down   -3.05 (-1.12%)   Hindustan Petroleum Corporation Ltd     466.00   Up   6.90 (1.50%)   Hindustan Unilever Ltd     1,270.05   Up   20.10 (1.61%)   Housing Development Finance Corporation Ltd     1,722.30   Down   -0.10 (-0.01%)   ICICI Bank Ltd     266.55   Up   4.00 (1.52%)   Indiabulls Housing Finance Ltd     1,342.55   Up   4.80 (0.36%)   Indian Oil Corporation Ltd     407.70   Up   3.25 (0.80%)   IndusInd Bank Ltd     1,664.90   Down   -30.60 (-1.80%)   Infosys Technologies Ltd     926.50   Down   -13.00 (-1.38%)   ITC Ltd     267.00   Down   -0.05 (-0.02%)   Kotak Mahindra Bank Ltd     1,065.70   Up   4.15 (0.39%)   Larsen & Toubro Ltd     1,142.55   Up   6.80 (0.60%)   Lupin Ltd     1,026.35   Down   -12.10 (-1.17%)   Mahindra & Mahindra Ltd     1,350.65   Down   -16.40 (-1.20%)   Maruti Suzuki India Ltd     7,875.00   Up   56.50 (0.72%)   NIFTY (S&P CNX)     10,207.70   Up   22.85 (0.22%)   NTPC Ltd     181.65   Up   4.70 (2.66%)   Oil & Natural Gas Corpn Ltd     176.00   Up   4.30 (2.50%)   Power Grid Corporation of India Ltd     215.05   Up   1.50 (0.70%)   Reliance Industries Ltd     934.25   Down   -5.50 (-0.59%)   State Bank of India     254.45   Up   8.50 (3.46%)   Sun Pharmaceuticals Industries Ltd     534.55   Down   -5.85 (-1.08%)   Tata Consultancy Services Ltd     2,578.40   Down   -9.50 (-0.37%)   Tata Motors Ltd     416.05   Down   -6.70 (-1.58%)   Tata Steel Ltd     719.30   Up   7.30 (1.03%)   Tech Mahindra Ltd     454.80   Down   -8.30 (-1.79%)   UltraTech Cement Ltd     4,227.10   Up   22.05 (0.52%)   UPL Ltd     799.15   Up   20.80 (2.67%)   Vedanta Ltd     333.65   Up   4.45 (1.35%)   Wipro Ltd     296.80   Down   -0.10 (-0.03%)   Yes Bank Ltd     347.60   Down   -6.30 (-1.78%)   Zee Entertainment Enterprises Ltd     525.95   Up   34.30 (6.98%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com