Navkar Corporation Ltd receives LoA from Central Railway

Navkar Corporation Limited has received Letter of Acceptance from Central Railway, Divisional Office, Commercial Department, CSMT Mumbai for the "Contract for Development of Gati Shakti Multi-Modal Cargo Terminal" under GCT policy at Somathane - Entirely on Railway Land".

The award of an additional Gati Shakti Cargo Terminal (GCT) at Somathane will substantially strengthen the Company's logistics infrastructure and enhance its integrated cargo handling capabilities. This expansion is also expected to improve customer service offerings and reinforce the Company's strategic presence in the region.

The Company was informed about the grant of the Letter of Acceptance through hand delivery at 12:56 p.m. on 18th December, 2025.

Shares of Navkar Corporation Limited was last trading in BSE at Rs. 94.32 as compared to the previous close of Rs. 95.13. The total number of shares traded during the day was 6392 in over 204 trades.

The stock hit an intraday high of Rs. 97.00 and intraday low of 93.89. The net turnover during the day was Rs. 605347.00.

Source : Equity Bulls

Keywords

NavkarCorporation INE278M01019 LoA CentralRailway