Market News
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TCI plans to buy ships to expand high-margin coastal seaway business
The Gurugram-based logistics and supply chain management company has planned a capex of ₹550-600 crore in FY27. Of this, ₹200-250 crore will go towards making final payments for acquiring two new ships from China.
Q4 Results On May 29: Asian Paints, BEML, IndiGo, Glenmark Pharma, NMDC Among Over 700 Companies To Share Earnings
Inox Wind, Ipca Laboratories, Aegis Logistics, Olectra Greentech and Mishra Dhatu Nigam are among the other names that will announce Q4FY26 results on Friday.
Share market news: This logistics stock with 38% return in 1 year to be in focus as company declares quarterl - India.Com
Share market news: This logistics stock with 38% return in 1 year to be in focus as company declares quarterlIndia.Com
Multibagger small-cap stock under ₹50 Tiger Logistics to be in focus on Friday; here's why - Mint
Multibagger small-cap stock under ₹50 Tiger Logistics to be in focus on Friday; here's whyMint
Tiger Logistics (India) standalone net profit declines 65.53% in the March 2026 quarter
Sales rise 41.97% to Rs 162.55 crore
JSW Steel commences 13.2 MTPA Paradeep Integrated Steel Plant project
The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha's coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.
JM Financial ARC top bidder for Rs 971-cr DLI debt
JM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure's ₹971 crore debt, offering ₹621 crore. Lenders, led by Bank of Baroda, will see a 64% recovery. This follows a failed settlement attempt with promoters, with the process expected to take more time.
ATM cash loaders demand more money to cover increasing expenses
Cash logistics firms are urging banks for higher ATM replenishment fees due to escalating operational costs. Soaring fuel prices and increased minimum wages are pushing expenses up by an estimated 15-20%. A surge in replenishment trips, driven by demand-supply gaps, further inflates fuel expenses. The industry is exploring ways to optimize trips to manage these rising costs.
Ashok Leyland secures order for 715 vehicles from VRL Logistics
Ashok Leyland has received a significant order for 715 vehicles from VRL Logistics. The order includes haulage trucks and staff buses. Deliveries are underway, with 300 trucks already supplied. The remaining vehicles will be delivered this year. This strengthens the partnership between the two companies. The new vehicles feature advanced technology for better productivity and profitability.
Ashok Leyland bags order for 715 vehicles from VRL Logistics
Ashok Leyland on May 25 announced securing an order for 715 vehicles from VRL Logistics, strengthening their long-standing partnership. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses. Deliveries have already begun, with 300 vehicles supplied so far, while the remaining 415 units are slated for delivery within the current year, highlighting continued demand for Ashok Leyland’s commercial vehicle portfolio.
Chartered Logistics reports consolidated net loss of Rs 3.64 crore in the March 2026 quarter
Sales decline 2.21% to Rs 17.72 crore
Maruti Suzuki announces price hike of up to Rs 30,000 from June
Rising commodity and logistics costs prompt latest hike