Trending stocks: Mahindra Logistics stock price flat in early trade
A total of 917 shares changed hands on the counter till 10:49AM (IST).
By ETMarkets.com | Updated:
Agencies
Total market cap of the Mahindra Logistics Ltd. stood at Rs 1822.77 crore at the time of writing this report.
NEW DELHI: Shares of Mahindra Logistics Ltd. traded 0.12 per cent up in Thursday's trade at 10:49AM (IST). Around 917 shares changed hands on the counter.
The stock opened at Rs 249.0 and touched an intraday high and low of Rs 255.0 and Rs 248.05, respectively, in the session so far. The stock of Mahindra Logistics Ltd. quoted a 52-week high of Rs 534.35 and a 52-week low of Rs 199.0.
Total market cap of the Mahindra Logistics Ltd. stood at Rs 1822.77 crore at the time of writing this report.
The company said its net profit declined 59 per cent to Rs 10 crore in the quarter ended March 31. The logistics firm had reported a net profit of Rs 24 crore in the corresponding quarter a year ago, it said in a statement.
Shareholding pattern
As of 31-Mar-2020, DIIs held 8.67 per cent stake in the company, while foreign institutional investors held 17.83 per cent and the promoters 58.45 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 33.24 and a price-to-book ratio of 3.61. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Mahindra Logistics Ltd. belongs to the Warehousing/Supply Chain/Road Transport industry.
The stock opened at Rs 249.0 and touched an intraday high and low of Rs 255.0 and Rs 248.05, respectively, in the session so far. The stock of Mahindra Logistics Ltd. quoted a 52-week high of Rs 534.35 and a 52-week low of Rs 199.0.
Total market cap of the Mahindra Logistics Ltd. stood at Rs 1822.77 crore at the time of writing this report.
The company said its net profit declined 59 per cent to Rs 10 crore in the quarter ended March 31. The logistics firm had reported a net profit of Rs 24 crore in the corresponding quarter a year ago, it said in a statement.
Shareholding pattern
As of 31-Mar-2020, DIIs held 8.67 per cent stake in the company, while foreign institutional investors held 17.83 per cent and the promoters 58.45 per cent.
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Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 33.24 and a price-to-book ratio of 3.61. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Mahindra Logistics Ltd. belongs to the Warehousing/Supply Chain/Road Transport industry.
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