Equity99's research report on Maheshwari logistics
Maheshwari Logistics is engaged in the Business of Carriers, Transporters, dealing in papers, Board M.G Kraft Paper , Waste Paper, Kraft Paper , writing Papers and all other Papers and Dealing in coal and Lignite etc. Company handled 13.87MT of logistics for FY21. Also, for FY21 it collected 1 Lakh tonne of waste papers through its 5 centres.
Considering the market-cap of company the Subsidy amount is very substantial. Keeping in mind the above factors, we initiate BUY call on Maheshwari Logistics Ltd with target price of Rs 250.
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