Today, Aegis Logistics traded at a new lifetime high. The stock has been creating new highs for four straight trading sessions. Yesterday, the company had informed BSE that the Infrastructure India Holding Fund LLC had reduced its stake below the limit prescribed under the said agreement. IIHF had invested in Aegis Logistics in the year 2011. At the beginning of the month, the top 500 pick by Dynamic Levels for the quarter had witnessed a bulk deal on BSE. Infrastructure India Holdings Fund LLC sold 75,00,000 shares of Aegis Logistics at Rs 130.03 while, Motilal Oswal Asset Management Company Limited AC PMS NTDOP bought 40,00,000 shares at Rs 130.
Currently, Aegis Logistics share price is trading at Rs. 155 with a rise of over 4%. The stock has made a new high of Rs. 164.40. The company has the PE of 43.49 and the market cap of Rs. 4963.24 crores as on 7th September 2016. So far a total of 25,74,073 shares were traded on the NSE counter against its 20 days average of 14,08,016. The traded value so far for the day is Rs. 4,043.87 lakhs.
The last closed price of Aegis Logistics is Rs. 148.60 which is near its strongest resistance level of Rs. 154.70 while its closest support stands at Rs. 140.90. The company has reported a consolidated total income from operations of Rs 740.45 crore and a net profit of Rs 25.97 crore for the June quarter. The stock has given 28.68% returns over the last six months and 47.71% over the last 12 months. For details on Aegis Logistics, Check Aegis Logistics share price history page of Dynamic Levels website.
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