Shreeji Translogistics trades higher on getting AEO-LO certificate from Central Board of Indirect Taxes and Customs

Shreeji Translogistics is currently trading at Rs. 66.39, up by 1.09 points or 1.67% from its previous closing of Rs. 65.30 on the BSE.

The scrip opened at Rs. 65.37 and has touched a high and low of Rs. 67.75 and Rs. 65.30 respectively. So far 13947 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.82 on 14-Nov-2022 and a 52 week low of Rs. 40.61 on 20-Apr-2022.

Last one week high and low of the scrip stood at Rs. 69.69 and Rs. 64.30 respectively. The current market cap of the company is Rs. 348.23 crore.

The promoters holding in the company stood at 72.70%, while Institutions and Non-Institutions held 0.62% and 26.68% respectively.

Shreeji Translogistics (STL) has received the prestigious Authorized Economic Operator – Logistics (AEO-LO) Certificate (Custodian) by the Central Board of Indirect Taxes and Customs.

The AEO – LO Certification is a government issued certification symbolizing excellence in securing the supply chain and delivering seamless and efficient logistics solutions. It recognizes business entities that are in compliance with highly stringent World Custom Organization’s (WCO’s) SAFE Framework. This certificate demonstrates high degree of reliability of the services provided by STL. Basically, the AEO is involved in the international movement of goods that have been approved by the national customs authorities, as they comply with the standards set by the WCO on the supply chain security.

Shreeji Translogistics provides logistics services. The company offers truck load transport, parcel delivery, import-export, bonded trucking, warehousing, shipping line container movement, and value added services.