Truth Speaker Mitra (@SubhajitMitra) 205 Followers 03 Oct

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Low-profile stock Mahindra logistics — Logic to enrich your portfolio

A small-cap logistics firm within the Mahindra & Mahindra is known as Mahindra Logistics. The company is valued at Rs 3,740 crore. It is a full-service third-party logistics company with a focus on people transportation and supply chain management.

On the NSE, MLL's current market price is Rs 524. The price ranges from Rs 391 to Rs 814 over the previous 52 weeks. While its price was roughly Rs 440 in January 2021, it returned 6.1% this September. 

Due to Covid's disruption of the supply chain during the past year, the stock has returned a disappointing 24% negative growth, as opposed to a growth of 44.8% over the previous three years.

In addition to tripling its main third-party logistics (3PL) revenue, MLL's revenue objective of Rs. 10,000 crores by 2026 includes a three time growth in the network services industry and a revival of the corporate mobility market. The acquisition of B2B express by Rivigo is consistent with its plan to grow the B2B express business from its current size of just over Rs. 800 crores in FY22 to Rs. 1,000 crores by FY26.

Dalal street experts set its holding price up to ₹600.


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