Aegis Logistics stocks mount by 10.73 percent

By SiliconIndia   |   Monday, June 27, 2011
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Bangalore: When the markets closed today, Aegis Logistics stocks mounted by 10.73 percent. After opening the day at Rs. 219.00, the stock touched the day's high of Rs. 247.00, before closing the day at Rs. 235.35. The previous close price was Rs. 212.55. Through the day 33.46 million shares were traded in the market with the current P/E ratio of 17.60. For Q4FY11 Aegis Group reported net profit of Rs. 168.6 million (Rs.114 million), an increase of 48 percent on QoQ basis largely driven by good performance of Gas business. The 52 week stock chart is on the left Aegis Logistics operates in two segments: Liquid Terminal Division and Gas Terminal Division. Liquid Terminal Division undertakes storage and terminalling facility of oil and chemical products. Gas Terminal Division relates to imports, storage and distribution of petroleum products, such as gas terminal division (LPG) and propane. The Company offers services, such as sourcing of product, storage and port operations, arranging road and pipeline movement, shipping, and integrated supply chain management. The Company's subsidiaries include Sea Lord Containers , Konkan Storage Systems (Kochi), Eastern India LPG Company and Aegis Group International.
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