Established in 1984 and headquartered in Vashi, Navi Mumbai, Shreeji Translogistics Limited (STL) is a company that specializes in freight management, logistic solutions and warehousing services. It offers a wide range of logistical solutions, catering to diverse requirements such as Over Dimensional Cargo (ODC) movement and bonded trucking movements. Their services include full truckload transport (FTL), less than truckload (LTL), import-export and ODC services.
STL operates various types of trucks with different designs, sizes, and capacities. Container trucks are used for transporting parcels and consumer goods, while platform trucks handle import-export containers and heavy-duty goods like automotive parts and machinery. With a fleet of approximately 300 owned trucks and over 4,500 outsourced trucks, STL is led by a team of experienced professionals in the logistics sector.
Shreeji Translogistics Limited (STL) has recently signed a significant contract with Cathay Pacific Airways Limited, a renowned multinational company in the aviation industry. With this new partnership, STL reaffirms its commitment to delivering exceptional logistics services, cementing its reputation as a trustworthy and dedicated partner. This collaboration also paves the way for STL to enhance its presence and capabilities in the logistics sector, further solidifying its position in the industry.
The company has grown its sales by 19% (CAGR) for the past 3 years and net profit has grown by 84% (CAGR) for the same period. Moreover, the company has a ROCE of 20% and a ROE of 25.1%.
Furthermore, the company has delivered returns of 48% over the past year and stellar returns of 913% over the past 3 years.
On Tuesday, shares of the company surged by 12% and made an intraday high of Rs 74. Additionally, the scrip had a spurt in volume by more than 1.69 times.
Investors should keep a close eye on this trending microcap stock.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.