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

Keep track of all breaking news on VRL Logistics Ltd. from all sources in a single place.

Load latest

VRL Logistics Ltd.

29 May 2023, 01:32PM

273.45

0.87%

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.

VRL Logistics Ltd. is trading below its 30 day SMA of 276.3

VRL Logistics Ltd.

24 May 2023

273.45

0.87%

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 350.00 from 2 brokers.

VRL Logistics Ltd.

23 May 2023

273.45

0.87%

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.

VRL Logistics Ltd. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

22 May 2023

273.45

0.87%

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.

VRL Logistics Ltd. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

10 May 2023

273.45

0.87%

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. has an average target of 350.00 from 2 brokers.

VRL Logistics Ltd.

08 May 2023

273.45

0.87%

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

Buy: VRL Logistics Ltd.

Target

Motilal Oswal

VRL Logistics Ltd. is trading above its 200 day SMA of 263.9

VRL Logistics Ltd.

24 Apr 2023

273.45

0.87%

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

Number of FII/FPI investors increased from 96 to 107 in Jun 2025 qtr.

VRL Logistics Ltd.

18 Apr 2023

273.45

0.87%

VRL Logistics to expand fleet size to 7,200 trucks

Business Line

It will be adding a variety of trucks, including 50 30-tonner trailer horses, 1200 10 wheeler20 tonner vehicles, and around 400 trailers with carrying capacity

Motilal Oswal released a Buy report for VRL Logistics Ltd. with a price target of 350.0 on 11 Sep, 2025.

VRL Logistics Ltd.

31 Jan 2023

273.45

0.87%

Turnaround visible; key will be in sustaining it

Buy: VRL Logistics Ltd.

ICICI Securities Limited

VRL Logistics’ (VRL) Q3FY23 performance was in line with our estimates. Key takeaways: i) volumes in goods transport (GT) segment surged to their all-time highs while decline in EBITDA/te was arrested; ii) GT business’ EBITDA margin expanded 90bps QoQ; iii) new branches added post-covid accounted for ~12% of total tonnage in Q3FY23.