SHREEJI further expands its logistics business by setting up a new vertical of Car Carrier Transportation

Shreeji Translogistics Limited, which has grown to become one of the largest integrated national logistical solution providers in India, has recently opened a up a new vertical of Car Carrier Transportation.

CEO of Shreeji Translogistics Limited, Mr. Harshal Shah says that "Like most other industries, transportation and logistics (T&L) industry is currently confronting immense change; and with change comes, both risks and opportunities of new technology, new market entrants, new customer expectations, and new business models. Hence, to adapt to such changes, SHREEJI has set up a new vertical of Car Carrier Transportation under a Strategic Partnership to continue diversification and expansion and to advance in various sectors of logistics. Here, we transport the finished automobiles i.e., Car from Original Equipment Manufacturers (OEMs) to Dealers providing Last Mile Delivery on specific Car-Carrying Trailers. Our emphasis has always been on timely pick up and safe delivery of goods. We have right now started Car Carrier Transporation in South India and planning to grow further across other regions of India. I would like to simply conclude by saying that when we look into the future, we see disruptions, we see collisions, we see transformation, but most of all we see opportunities and same is with SHREEJI, we are seeing more prospects and opportunities going forward and are gradually growing day by day."

Shares of Shreeji Translogistics Ltd was last trading in BSE at Rs. 198.40 as compared to the previous close of Rs. 194.10. The total number of shares traded during the day was 8319 in over 50 trades.

The stock hit an intraday high of Rs. 203.65 and intraday low of 194.00. The net turnover during the day was Rs. 1638463.00.

Source : Equity Bulls

Keywords

ShreejiTranslogistics INE402Y01010 NewBusinessVertical CarCarrierTransportation