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Strong Q3 earnings boost Chartered Logistics

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Capital Market

Chartered Logistics advanced 1.31% to Rs 23.20 at 12:17 IST on BSE after net profit rose 49.6% to Rs 4.10 crore on 3.2% decline in net sales to Rs 38.20 crore in Q3 December 2016 over Q3 December 2015.

The result was announced after market hours yesterday, 5 January 2017.

Meanwhile, the S&P BSE Sensex was up 10.31 points or 0.04% at 26,888.55.

On the BSE, 17.89 lakh shares were traded on the counter so far as against the average daily volumes of 2.81 lakh shares in the past one quarter. The stock had hit a high of Rs 24.90 and a low of Rs 22.90 so far during the day.

 

The stock had hit a 52-week high of Rs 26.70 on 4 August 2016 and a 52-week low of Rs 13.25 on 12 February 2016. It had outperformed the market over the past one month till 5 January 2017, advancing 16.24% compared with the Sensex's 2.01% rise. The scrip had also outperformed the market in past one quarter, gaining 11.71% as against the Sensex's 4.76% fall.

The small-cap company has equity capital of Rs 9.93 crore. Face value per share is Rs 1.

Chartered Logistics is a logistics company and a transport service provider.

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First Published: Jan 06 2017 | 12:09 PM IST

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