LO­GIS­TICS STOCKS RISE ON PROFIT BOOST HOPE

Business Today - - THE BUZZ -

Lo­gis­tics com­pa­nies' shares rose as much as 6 per cent on the Bom­bay Stock Ex­change on Novem­ber 21, a day af­ter the govern­ment gave in­fra­struc­ture sta­tus to the sec­tor, in­clud­ing cold chain and ware­hous­ing fa­cil­i­ties. It will lower the cost of cap­i­tal for th­ese com­pa­nies. Gati, VRL Lo­gis­tics, Ar­shiya and Lancer Con­tainer Lines hit 52-week highs in­tra- day while the S& P BSE Sen­sex was up only 0.31 per cent.

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