Transport Corporation of India (TCI) is currently trading at Rs. 207.80, up by 3.40 points or 1.66% from its previous closing of Rs. 204.40 on the BSE.
The scrip opened at Rs. 204.35 and has touched a high and low of Rs. 207.90 and Rs. 204.00 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 225.43 on 02-Aug-2016 and a 52 week low of Rs. 137.44 on 03-Mar-2016.
Last one week high and low of the scrip stood at Rs. 216.20 and Rs. 202.00 respectively. The current market cap of the company is Rs. 1,591.28 crore.
The promoters holding in the company stood at 66.08%, while Institutions and Non-Institutions held 11.07% and 22.85% respectively.
TCI has acquired a new ship to be deployed on the west coast. The cost of acquisition was around $5.5 million which was funded by internal accruals and loan from bank(s). The company has acquired the ship on March 2, 2017, with an aim of business expansion.
The company currently has 4 domestic ships with the capacity of 3500-10600 DWT. Of the four ships, three are deployed on the east coast and one on the west coast.
Transport Corporation of India is India’s leading integrated supply chain and logistics solutions provider and a pioneer in the sphere of cargo transportation in India.