Introduction:
Tara Chand Infralogistic Solutions Ltd is set to execute a 1:5 stock split, with a record date of December 5, 2024. The company reported impressive Q2 FY25 growth, including a 133% rise in net profit and advancements across equipment rentals, warehousing, and steel processing.
Share Price movement of Tara Chand Infralogistic Solutions:
As of November 13, Tara Chand Infralogistic Solutions Ltd’s share price opened at ₹392.90, reached an intraday high of ₹401.65, and dipped to a low of ₹374.00 before settling at ₹383.05, reflecting significant intraday volatility during the trading session.
Tara Chand Infralogistic Solutions share are in Focus:
Tara Chand Infralogistic Solutions Ltd’s shares are in focus as the board set December 5, 2024, as the record date for a 1:5 stock split. The company reported a 33% revenue increase to ₹56.16 crore and a 133% net profit rise to ₹7.22 crore in Q2 FY25.
The company recently expanded its equipment rental segment, adding an 800-ton crane and India’s tallest aerial platform for a steel plant project. Its steel processing business grew 25% YoY, and warehousing saw modest growth, highlighting diversified operations supporting future expansion.
Tara Chand Infralogistic Solutions improved efficiency, cutting receivable days to 85, while maintaining a strong ₹104 crore order book. With record capital expenditure of ₹94.3 crore in FY25, it targets renewable energy ventures and anticipates 30% growth for FY25.
Recent news About Tara Chand Infralogistic Solutions:
As of October 24, 2024, Tara Chand Infralogistic Solutions reported a 168.40% increase in net profit to ₹7.22 crore for Q2 FY25, compared to ₹2.69 crore in Q2 FY24. Sales rose 33.05% to ₹56.16 crore from ₹42.21 crore last year.
Stock performance of Tara Chand Infralogistic Solutions for Period of 1 week, 6 months and 1 year:
Over the past week, Tara Chand Infralogistic Solutions’ stock dropped by 11.0%. In the last six months, it recorded a slight decline of 1.69%. However, over the past year, the stock has delivered an impressive 127% return, showcasing strong long-term performance.
Shareholding pattern of Tara Chand Infralogistic Solutions:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 69.61 | 69.62 | 69.68 |
| Retail & others | 30.39 | 30.38 | 30.32 |
About Tara Chand Infralogistic Solutions Industries:
Tara Chand Infralogistic Solutions Ltd specialises in providing comprehensive infrastructure services through three verticals: Warehousing & Multi-modal Transportation, Construction Equipment Rentals, and Turnkey Infra-Project Execution. The company supports diverse industries with advanced equipment, operational efficiency, and a robust focus on enhancing infrastructure across key sectors.
