Moneycontrol
Last Updated : Nov 29, 2018 09:19 AM IST | Source: Moneycontrol.com

Sical Logistics gains 7% on contract wins worth Rs 363 crore

The contract price is of Rs 363.38 crore (including GST) for extraction of 16.20 million Cu.M over a period of 3 years.

 
 
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Shares of Sical Logistics gained 7 percent in the early trade on Thursday after company won a contract from Mahanadi Coalfields.

The company has been awarded with a letter of acceptance (LoA) by Mahanadi Coalfields for extraction of coal / coal measure strata and allied transportation activities at Hingula OCP, Hingula Area.

The contract price is of Rs 363.38 crore (including GST) for extraction of 16.20 million Cu.M over a period of 3 years.

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At 09:16 hrs Sical Logistics was quoting at Rs 162.55, up Rs 11, or 7.26 percent on the BSE.

The share touched its 52-week high Rs 268 and 52-week low Rs 139 on 09 January, 2018 and 09 October, 2018, respectively.

Currently, it is trading 39.35 percent below its 52-week high and 16.94 percent above its 52-week low

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First Published on Nov 29, 2018 09:17 am
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