Introduction:
Logistics stock completed a major acquisition in Kaizen Logistics, a firm with ₹45.65 crore turnover. This strategic move enhances operational strength, expands industry presence, and strengthens integrated logistics infrastructure across FMCG, beverages, metals, and industrial chemicals sectors, ensuring improved client servicing.
Share Price movement of AVG Logistics:
On March 20, 2025, AVG Logistics Limited opened at ₹239.90, reaching a high of ₹239.90, hiting 5% upper circuit from its previous close of ₹228.50, with a low of ₹239.90. The stock is currently trading at ₹239.90, with a market cap of ₹356.56 Crores.
AVG Logistics hits 5% upper circuit:
AVG Logistics Limited completed acquiring a major stake in Kaizen Logistics, a partnership firm with a turnover of ₹45.65 crore. The acquisition strengthens AVG’s position in the logistics sector, enhancing its operational capabilities and expanding its presence across key industries.
The acquisition is executed on an arm’s length basis and does not fall under related party transactions. This strategic move helps AVG Logistics gain access to FMCG, beverages, metals, and industrial chemicals sectors, enabling better service to marquee clients.
With no regulatory approvals required, this acquisition boosts AVG’s integrated logistics infrastructure. The company aims to leverage this deal to strengthen its market reach and improve operational efficiency in the growing logistics industry.
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Ace investor holding of AVG Logistics:
Priya Rohan Agarwal holds a 1.68% stake in AVG Logistics Ltd., owning 2,50,000 shares valued at ₹6.0 crore. This marks a new entry in the company’s shareholding, reflecting growing investor confidence in the logistics sector’s future growth potential.
Siddhartha Ashok Sikchi holds a 1.01% stake in AVG Logistics Ltd., with 1,50,000 shares valued at ₹3.6 crore. Compared to the previous quarter, his holding decreased by 0.07%, indicating a minor reduction in exposure while maintaining significant interest in the company.
Stock performance of AVG Logistics for Period of 1 week, 6 months and 1 year:
AVG Logistics stock gained 4.72% over the past week, reflecting short-term positive momentum. However, it declined by 48.0% in the last six months. Over the one-year period, the stock delivered a negative return of 59.2%, indicating significant long-term underperformance.
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Shareholding pattern of AVG Logistics:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 51.88 | 51.54 | 52.76 |
FII | 8.01 | 8.14 | 8.6 |
DII | 1.61 | 1.41 | 1.44 |
Retail & others | 38.49 | 38.92 | 37.2 |
About AVG Logistics:
AVG Logistics Limited is an integrated logistics and supply chain company offering transportation, warehousing, and distribution services. It operates across various sectors, including FMCG, metals, chemicals, and industrial goods, providing end-to-end logistics solutions to a wide range of clients.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.