Logistic Stock Under Rs 50: The shares of Sindhu Trade Links surged over 7 per cent during the early trade on Tuesday amid an uptick in the domestic equity market due to ease in global geopolitical situations. The small cap logistic stocks started the session flat at Rs 25.09 on NSE. However, amid buying sentiment in the market, the stock soared high to hit an intraday high at Rs 27.08, up 7.9 per cent from last day's closing. Last seen, the stock was trading at Rs 26.26, up 4.66 per cent.
Meanwhile, its 52-week high and low values stood at Rs 39.29 and Rs 17.64, respectively.
Stock Market Today
Domestic equity indices continued their last two session's gaining momentum. At the time of writing, the BSE Sensex was trading at 76,586.88, up 0.42 per cent or 322.55 points. Nifty50 was quoted at 23,926.95, up 0.31 per cent or 73.05 points. The rally in the stock market sustained as crude price remained at a range of $82-84 per barrel.
Share Price History
This year till date (YTD), the logistic stock jumped over 30 per cent, while in a month it rose over 13 per cent. In the last three years, the stock jumped over 27 per cent. However, in a year, the stock fell by over 2 per cent.
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Earlier, the company announced that its Extraordinary General Meeting (EGM) had been scheduled for June 18, 2016, to consider a proposed preferential issue to acquire stakes in Advent Cola Resources and Sainik Mining and Allied Services Limited. The company shared an EGM notice on May 25, 2026, and now it has issued a corrigendum. According to a document filed with the exchange, this amendment has been issued to inform the shareholders about the changes made in the special proposal given in the EGM notice.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.
