Shree Vasu Logistics Q2: Net Profit Surges 393% YoY To Rs5.08 Cr On 43.34% Revenue Growth Driven By Robust 3P Logistics Demand
India, Nov. 5 -- More Indian manufacturers and consumer brands now prefer to hand off storage, transport and distribution so they can focus on what they make and sell. That shift has made third-party logistics (3PL) one of the steadier corners of the supply chain. Regional operators with strong local networks are well placed to ride it.
The Nifty 50 was trading at 24,405.20, up 1.85%. Meanwhile, Sensex also rose 1.98% to 78,833.36 on Wednesday. Meanwhile, Shares of Shree Vasu Logistics Ltd. were trading at Rs. 783.00, up 3.69 percent from previous close of Rs. 755.15. The stock opened at Rs. 770.00 and reached an intraday high of Rs. 799.00 and low of Rs. 770.00. The company currently has a market capitalization of Rs. 929 crores.
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