Snowman Logistics Shares Jump 6% on Plan to Build 10,000-Pallet Hyderabad Facility
India, July 15 -- The new facility, being developed under an asset-light Built-to-Suit (BTS) model, will strengthen the company's presence in one of India's fastest-growing cold chain markets and increase its total storage capacity to over 1.64 lakh pallets across the country.
Shares of Snowman Logistics Limited were trading at Rs 38.49, up by 6.47 percent from the previous close of Rs 36.15. The stock opened at Rs 36.85, touching an intraday high of Rs 38.59 and a low of Rs 36.06. The company currently commands a market capitalisation of Rs. 634 crore.
Snowman to Add 10,000-Pallet Cold Storage Facility
Snowman Logistics announced that it will set up a 10,000-pallet temperature-controlled warehouse in Hyderabad, with construction alread...
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