Apana Logistics Ltd. is down 4.98% to Rs 18.13, extending a recent decline that has seen the stock fall by 19.39% over the last week.
Apana Logistics Limited has secured orders totaling Rs 21.13 crore (including GST) from a reputed multinational company for the supply, operation, and maintenance of a 45-ton Reach Stacker with a project in Dadri, Uttar Pradesh. The contract, which is effective immediately, has a validity of one year and is extendable, encompassing container stacking/de-stacking, preventive and breakdown maintenance, and adherence to safety guidelines. The order comprises a basic value of approximately Rs 295.40 lakhs and GST of approximately Rs 17.17 lakhs, and does not involve any related party transactions or interest from promoters or group companies.
Apana Logistics Ltd. shares saw a trading volume of 1.04 lakh today, a rise of 10.64% compared to the average volume over the last one week. Apana Logistics Ltd. remained flat year-over-year, contrasting with a 9.93% decline in the NIFTY50 index.
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