273.0000 4.10 (1.52%)
NSE Sep 02, 2025 15:44 PM
Volume: 114.3K
 

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VRL Logistics Ltd.
09 Aug 2023
273.00
1.52%
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. is trading above its 200 day SMA of 263.4
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