Aegis Logistics stocks mount by 10.73 percent


Aegis Logistics stocks mount by 10.73 percent
Bangalore: When the markets closed today, Aegis Logistics stocks mounted by 10.73 percent. After opening the day at 219.00, the stock touched the day's high of 247.00, before closing the day at 235.35. The previous close price was 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 168.6 million (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.