India, Aug. 11 -- India's petrochemical and polymer logistics segment continues to see steady outsourcing demand as refiners and producers seek asset-light, pan-India distribution partners to manage last-mile and bulk transportation, while integrated players increasingly bundle warehousing and multimodal services to capture a larger share of customer supply chains. Ritco Logistics, an asset-light logistics provider with deep petrochemical sector relationships, operates at the centre of this trend.

Shares of Ritco Logistics fell 1.05 percent to Rs 303 from the previous close of Rs 306.20, touching an intraday low of Rs 299, with market capitalisation at around Rs 867.27 crore.

What's the News? Ritco Logistics informed exchanges on August...