Hot Pursuit
AVG Logistics Ltd. is up 4.20% to Rs 166.59 today, building on recent momentum that has seen the stock rise 1.81% over the last one week.
AVG Logistics Limited (BSE – 543910, NSE – A VG) announced it has secured a five-year long-term transportation contract from a multinational beverage company, expecting to generate approximately Rs 60 crore in revenue over the contract's duration. The agreement, effective immediately, will involve dedicated vehicle deployment, GPS tracking, and technology-driven logistics solutions, reinforcing the company's capabilities in specialized beverage logistics and strengthening its long-term revenue visibility. According to Managing Director Sanjay Gupta, the contract reflects the trust placed in AVG Logistics' operational capabilities and is expected to enhance market presence and create long-term value.
Trading volume reached 15580 shares today, a substantial increase of 834.05% compared to the average volume over the last one week. AVG Logistics Ltd. declined by 20.56% year-over-year, underperforming the 9.01% loss registered by the NIFTY50 index.