The company plans to set up of Multi-modal Logistics Hub at Vizag, a project under the MoU signed by the Company with Visakhapatnam Port Trust, the company said in a release.
Further, the company also plans to set up of temperature-controlled warehouses at different locations in phases.
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Finally, the company plans to revive Transafe Services Ltd., a joint-venture of the Company which has been referred to the Board for Industrial and Financial Reconstruction, the release added.
The stock opened at Rs 567 and touched a high of Rs 586. At 12:40PM, over 37,000 shares were traded on both the stock exchanges.