Shreeji Translogistics Ltd adds new client in Full Truck Load segment

Shreeji Translogistics Limited (STL), an India-based surface logistics and parcel delivery service provider, has recently bagged Uflex Ltd. as a new client in the Full Truck Load (FTL) segment.

STL is one of the pioneers in the FTL, PTL, Bonded Trucking, EXIM, and Over Dimensional Cargo and will be providing path-breaking Full Truck Load services to Uflex Ltd.

This partnership showcases the strength of STL's ability in providing differentiated value-added services and participating in government's focus on providing superior logistics services while reducing overall cost of logistics.

Commenting on the announcement, the Management team of Shreeji Translogistics Limited,stated: "We are proud to announce the onboarding of a new company - Uflex Ltd. as our client. This showcases STL's constant endeavor and steadfast approach in providing extremely customer centric and value-added services.

STL remains confident of maintaining the agility with which it plans to capitalize on more such associations, expand its service offering to newer clients and locations and becoming the partner of choice to deliver world class logistics solutions. This contract will yield approximately INR 40 Mn in revenues with good earnings and add another marquee client to our existing clientele.

With this client addition our position and dominance in the FTL market continues to become stronger and dominant."

Shares of Shreeji Translogistics Ltd was last trading in BSE at Rs. 432.75 as compared to the previous close of Rs. 430.85. The total number of shares traded during the day was 18989 in over 236 trades.

The stock hit an intraday high of Rs. 452.35 and intraday low of 430.00. The net turnover during the day was Rs. 8402205.00.

Source : Equity Bulls

Keywords

ShreejiTranslogistics INE402Y01010 UFlex NewClienbt FullTruckLoad Segment