Multibagger logistics solution provider receives multiple orders amounting to Rs 42,00,00,000 from various T&D Players
The stock gave multibagger returns of 280.7 per cent from its 52-week low of Rs 157.60 per share.
S J Logistics (India) Limited has secured multiple orders totalling approximately Rs 42 crore from various transportation and distribution players. These orders, ranging from 3 to 6 months in duration, commenced in October 2024. The contracts encompass comprehensive logistics services, including door-to-door delivery (DAP) at the consignee's location. Both domestic and international entities have awarded these orders, which primarily involve domestic project cargo. The execution timeline for these contracts extends from 3 to 6 months.
S J Logistics (India) Ltd is a prominent logistics and supply chain solutions provider established in 2003. The company offers a comprehensive range of services including freight forwarding, customs clearance, and transportation handling. With a global reach, S J Logistics has processed over 3,100 bills of lading to various countries worldwide. Through strategic partnerships and a strong network, the company ensures efficient and reliable logistics solutions for both domestic and international clients, catering to diverse cargo types such as oversized, over-dimension, critical and high-value shipments.
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The company has a market cap of Rs 862 crore with an ROE of 32 per cent and an ROCE of 33 per cent. The stock gave multibagger returns of 280.7 per cent from its 52-week low of Rs 157.60 per share. Though the company is reporting repeated profits, it is not paying out dividends and stock is trading at 7.68 times its book value. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.