Aegis Logistics Share Price Rushes Over 4 Per Cent Intraday

Today’s trading session witnessed Aegis Logistics share price jump over 4 per cent on the National Stock Exchange (NSE). Aegis Logistics is a multibagger stock as recognized by Dynamic Levels Research Analysts, based on their technical and fundamental research it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run.

The Aegis Logistics share price opened at Rs 146.75 from a previous closing of Rs 146.50.  The market cap of the company amounts to Rs 4893.10 (Cr) while the book value stands at 15.10. Aegis Logistics, which belongs to the Transportation Logistics sector has the following P/E Ratios:

Consolidated FY 15-16 PE Ratio	43.18
Consolidated Trailing PE Ratio	42.59
Standalone FY 15-16 PE Ratio	90.84
Standalone Trailing PE Ratio	87.81

The stock has an ADM or Average Daily Movement of 6.69. Its average volume of 20 days stands at 217757 shares. At 11:36 am on the NSE, a total of over 2 lac shares had changed hands with a traded value of Rs 310.14 lac. Currently, the day’s high of the stock stands at Rs 155 while the day’s low reads at Rs 144.15. The scrip made its 52 week high of Rs 173.40 (22-Sep-16) while it made its 52 week low of Rs 71.70 (18-Jan-16). The life time high of Aegis Logistics share price is same as its 52 week high on the other hand, the life time low of the stock stands at Rs. 0.25 (10-Aug-00). It has a face value of Re 1.

 The closest support level of the stock is Rs. 140.25 whereas the major resistance level is 151.05. To acquire information on the financials and fundamentals of the scrip, please visit Aegis Logistics share price history.  

Aegis Logistics Breaks its Record High of Life

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.

Large BSE deal on Aegis Logistics; Share Price makes New High

Aegis Logistics share price surged more than 4 per cent intraday touched a new record high of Rs 146.90 on 2nd September 2016. Within the first 2 hours of trading a total of 14,90,342 shares of the Company have already been traded on National Stock Exchange (NSE).

On 1^st September, 2016 Infrastructure India Holdings Fund LLC sold 75,00,000 shares of Aegis Logistics at a price of Rs 130.03 on the BSE. However, in another deal, Motilal Oswal Asset Management Company Limited AC PMS NTDOP bought 40,00,000 shares at Rs 130.00. On Thursday, Aegis Logistics share price ended at Rs 139.70, up Rs 8.65, or 6.60 per cent on the Bombay Stock Exchange (BSE).

Current Shareholding Pattern of Aegis Logistics

CATEGORY OF SHAREHOLDER	Total Number of Shares	Percentage Shareholding (%)
Promoter
Indian Promoter	0	0
Foreign Promoter	21,01,96,090	62.93
Total Promoter	21,01,96,090	62.93
Non Promoter
Institutions
Mutual Funds / UTI	44,35,394	1.33
FI/Bank/Insurance	1,26,110	0.04
Govt	3,330	0
FII	0	0
Other	4,53,36,573	13.57
Total Institutions	4,99,01,407	14.94
Non-Institution
Bodies Corporate	97,41,313	2.92
Individuals (upto Rs. 1 lakh)	4,70,91,158	14.1
Individuals (in excess of Rs. 1 lakh)	1,23,91,115	3.71
NRIs/OCBs	15,80,267	0.47
Others	6,25,80,923	18.74
Total Non-Institution	7,39,02,503	22.13

Aegis Logistics share price opened at Rs 141.00 from the previous closing of Rs 139.60. Currently, the share price is trading at Rs 144.75, up by 3.69 per cent. The share made its 52 week low of Rs 71.70 on 18th January 2016 and lifetime low of Rs 0.25 on 10th August 2000. The closest support level of the share at current market price is Rs 130.25. Get the other important support and resistance levels of the share at Aegis Logistics share price forecast.

Aegis Logistics Limited was incorporated in the year 1956. It is a Mid Cap company (having a market cap of Rs 4665.98 Cr.) operating in Service sector.

Aegis Logistics is one of the Top 500 shares which have been identified by the research team of Dynamic Levels.