VRL Logistics Ltd. News and Updates

Name: Latest research reports of VRL Logistics Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: VRL Logistics Ltd.
Rating: 5
Author: ICICI Securities Limited

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VRL Logistics Ltd.

09 Aug 2023

574.10

0.03%

Trucking along

Buy: VRL Logistics Ltd.

ICICI Securities Limited

VRL Logistics’ (VRL) Q1FY24 performance missed our and street estimates by 3% and 8% respectively owing to lower volumes. Key takeaways: i) one-off factors impacted volumes by 4%; 2) realisation stayed flat QoQ as the company kept its pricing strategy unchanged; 3) capex in Q1FY24 was at INR 870mn, mainly due to addition of new vehicles; 4) fuel sourcing from refineries increased resulting in cost advantage.

VRL Logistics Ltd. has gained 20.17% in the last 3 Months

VRL Logistics Ltd.

20 Jul 2023

574.10

0.03%

Buy VRL Logistics; target of Rs 850: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 850 in its research report dated July 19, 2023.

VRL Logistics Ltd. has gained 20.17% in the last 3 Months

VRL Logistics Ltd.

19 Jul 2023

574.10

0.03%

Capacity/network expansion to boost growth

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd. has gained 20.17% in the last 3 Months

VRL Logistics Ltd.

29 May 2023

574.10

0.03%

Buy VRL Logistics; target of Rs 840: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 840 in its research report dated May 26, 2023.

Number of FII/FPI investors increased from 83 to 96 in Mar 2025 qtr.

VRL Logistics Ltd.

24 May 2023

574.10

0.03%

Buy VRL Logistics; target of Rs 840: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 840 in its research report dated May 22, 2023.

VRL Logistics Ltd. has an average target of 695.00 from 3 brokers.

VRL Logistics Ltd.

23 May 2023

574.10

0.03%

Good performance in testing times

Buy: VRL Logistics Ltd.

Target

ICICI Securities Limited

VRL Logistics’ (VRL) Q4FY23 performance was in line with our estimates. Key takeaways: i) EBITDA margin of GT segment expanded 30bps QoQ to 16%; ii) volume rose 16% YoY (2.2% QoQ) at 1,031kte; 3) added 57 new branches in Q4FY23; 4) net debt rose Rs381mn YoY owing to buyback of shares amounting to Rs613mn in Q4FY23.

Number of FII/FPI investors increased from 83 to 96 in Mar 2025 qtr.

VRL Logistics Ltd.

22 May 2023

574.10

0.03%

VRL Logistics climbs 6% after 244% surge in March quarter profit

Moneycontrol

VRL Logistics reported a 244 percent surge in net profit to Rs 193.18 crore for the March quarter compared with Rs 56.19 crore for the same quarter in the previous year.

Number of FII/FPI investors increased from 83 to 96 in Mar 2025 qtr.

VRL Logistics Ltd.

10 May 2023

574.10

0.03%

Buy VRL Logistics; target of Rs 770: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 770 in its research report dated May 08, 2023.

VRL Logistics Ltd. is trading above all available SMAs

VRL Logistics Ltd.

08 May 2023

574.10

0.03%

Sale of bus business boosts prospects; fleet addition and branch expansion to drive growth

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd. has an average target of 695.00 from 3 brokers.

VRL Logistics Ltd.

24 Apr 2023

574.10

0.03%

Buy or sell: Vaishali Parekh recommends three stocks to buy today April 24

livemint

Buy or sell stocks: Vaishali Parekh of Prabhudas Lilladher has recommended three day trading stocks for today VRL Logistics, Mazagon Dock and Mahindra CIE Automotive