Trendlyne Blog: , Latest on stock market and finance in India and the world.

11 Nov 2024

2.49

-1.58%

Insolvency law must protect homebuyers, avoid complex resolution process

Business Standard

A more effective solution would be to adopt the waterfall mechanism from the FSC framework, which prioritises the interests of customers over those of other claimants

Future Supply Chain Solutions Ltd. has gained 32.45% in the last 6 Months

Snowman Logistics Ltd.

11 Nov 2024

58.43

-0.75%

Snowman Logistics shares fall 3% on weak Q2 show; profit tanks 79% YoY

Business Standard

The fall in the Snowman Logistics' share price came after the company announced a weak set of September quarter of financial year 2025 (Q2FY25)

Snowman Logistics Ltd. has lost -29.29% in the last 1 Year

Allcargo Gati Ltd.

10 Nov 2024

61.47

-0.28%

Govt plans to integrate Gati Shakti portal with e-Shram database

Business Standard

As of now, over 1,530 data layers from 44 central ministries have been uploaded on the portal

Allcargo Gati Ltd. is trading below all available SMAs

Mahindra Logistics Ltd.

08 Nov 2024

350.90

4.78%

Mahindra Group Eyes Profitability For MLL Express With Focus On Cost Efficiency

NDTV Profit

CFO Amarjyoti Barua said that pockets of inefficiency, including making sure that truck loads are higher than 50-odd per cent, have already been identified.

Number of FII/FPI investors decreased from 60 to 53 in Jun 2025 qtr

Mahindra Logistics Ltd.

07 Nov 2024

350.90

4.78%

Mahindra hopes express biz to turn profitable amid focus on cost efficiency

Business Standard

Mahindra Group on Thursday said it is expecting its express business to turn profitable amid its focus on getting back volumes to achieve cost efficiency. It also said the turnaround in the express business will bring the overall profitability in the logistics business. The group's arm Mahindra Logistics Ltd (MLL) acquired the B2B express business of Rivigo in September 2022 and brought it under the MLL Express Services. MLL saw its consolidated profit after tax declining 33 per cent to Rs 10.7 crore in the September quarter from Rs 15.9 crore in the same quarter of the last year. The losses for the Express business were reduced by 32 per cent on a year-on-year basis, driven by continuous cost optimisation, while EBITDA losses came down by 10 per cent on a sequential basis, the company said. The growth in volumes continues to be a key priority for the business as it progresses towards an EBITDA breakeven, it had stated in the statement at the time of the Q2 earnings announcement.

Mahindra Logistics L.. has an average target of 383.00 from 5 brokers.

Allcargo Gati Ltd.

04 Nov 2024

61.47

-0.28%

Private access, public good: Gati Shakti data should not be limited

Business Standard

To ensure data accuracy, key infrastructure ministries have finalised standard operating procedures (SOPs) for a three-tier system

Allcargo Gati Ltd. is trading below all available SMAs

Allcargo Gati Ltd.

03 Nov 2024

61.47

-0.28%

Decision on limited Gati Shakti data access for private sector soon

Business Standard

Most depts, ministries likely to have agreed to proposal

Allcargo Gati Ltd. has lost -40.27% in the last 1 Year

Container Corporation of India Ltd.

29 Oct 2024

556.00

1.08%

Container Corp Q2 Results: Profit Rises Marginally By 1%, Revenue Up 4%

NDTV Profit

Container Corp of India Ltd recorded a 1% profit increase in Q2 FY25, reaching Rs 366.26 crore, alongside a 4% revenue rise to Rs 2,287.75 crore compared to the prior year.