Afcom Holdings Ltd partners with Air India SATS Airport Services

Afcom Holdings Ltd has partnered with Air India SATS Airport Services (AISATS), a leading gateway and cargo handling services operator, for freighter operations at the upcoming Noida International Airport.

AISATS, through its wholly-owned special purpose vehicle AISATS Noida Cargo Terminal Private Limited (ANCTPL), aims to position Noida International Airport as North India's premier cargo gateway. This initiative is designed to complement existing major hubs like Delhi and Mumbai while supporting India's ambition to become a global trade powerhouse, the company said in a statement. Among Indian airports, Delhi processes the highest air cargo tonnage in terms of export and import. This strategic partnership provides an opportunity for Afcom to penetrate the India's largest air cargo market.

The partnership marks a significant milestone in strengthening India's cargo ecosystem, bringing together AISATS' world-class infrastructure expertise with Afcom's expanding international freighter network.

Shares of Afcom Holdings Limited was last trading in BSE at Rs. 878.40 as compared to the previous close of Rs. 891.15. The total number of shares traded during the day was 119520 in over 332 trades.

The stock hit an intraday high of Rs. 908.90 and intraday low of 873.00. The net turnover during the day was Rs. 106014948.00.

Source : Equity Bulls

Keywords

AfcomHoldings LogisticsSolutionProvider INE0OXY01013 Partnership AirIndiaSATSAirportServices NoidaInternationalAirport