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Sical Logistics gains after robust Q4 result

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Capital Market

Sical Logistics rose 1.29% to Rs 274.45 at 12:45 IST on BSE after consolidated net profit increased 55.51% to Rs 14.12 crore on 16.81% growth in total income to Rs 263.48 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours yesterday, 10 May 2017.

Meanwhile, the S&P BSE Sensex was up 89.70 points or 0.29% at 30,335.83. The S&P BSE Small-Cap index was up 74.22 points, or 0.47% at 15,735.87.

On BSE, so far 47,000 shares were traded in the counter as against average daily volume of 17,417 shares in the past one quarter. The stock hit a high of Rs 280.35 in intraday trade so far, which is a 52-week high for the counter. The stock hit a low of Rs 272.50 so far during the day. The stock had hit a 52-week low of Rs 130.25 on 31 May 2016.

 

The stock had outperformed the market over the past one month till 10 May 2017, rising 4.78% compared with 1.54% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 13.44% as against Sensex's 6.77% rise.

The small-cap company has equity capital of Rs 55.60 crore. Face value per share is Rs 10.

Sical Logistics is integrated logistics solutions provider providing end to end logistics solutions.

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First Published: May 11 2017 | 1:01 PM IST

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