A director at Mahindra Logistics Ltd sold 5,800 shares at 501.247INR and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
MAHINDRA LOGISTICS: Warehousing drives volume growth (MAHLOG IN, Mkt Cap USD0.4b, CMP INR473, TP INR515, 9% Upside, Neutral) MAHLOG delivered a revenue growth of 36% YoY in 1QFY23, led by warehousing services and solutions, which grew 57% YoY in 1QFY23. The 3PL and network business of MAHLOG saw robust volume growth in 1QFY23. The 3PL business saw 40% YoY growth in revenue, led by a recovery in Auto and continued growth in existing accounts. The Auto sector is seeing a strong revival and t...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
​THE CORNER OFFICE (MAHINDRA LOGISTICS) — Non-Mahindra to post above-industry revenue growth; Proportion of warehousing revenues to increaseMr Pirojshaw Sarkari — Chief Executive OfficerMr Pirojshaw Sarkari holds a Bachelor’s degree in Commerce from the University of Mumbai. He is a qualified Chartered Accountant. He had completed a course on Mahindra Universe from Harvard Business School, Boston. Mr Sarkari joined Mahindra Logistics in April 2010, prior to which he served as MD in UPS J...
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