Maheshwari Logistics Fulfills 1040 Tonne Export Order, Previous Filled 650,567 Tonne Export Order – ThePrint

Text size:

Maheshwari logistics trucks used for logistics

Bombay (Maharashtra) [India], May 25 (ANI / NewsView): Maheshwari Logistics Limited which received a new order for 1,040 MT last month has executed the same. Maheshwari Logistics Limited is engaged in the provision of logistics services, the supply of non-coking coal, the manufacture of kraft paper and the trading of a variety of papers.

The company had informed the stock exchange earlier of its papermaking plant fulfilling an export order of 650,567 tons. He further stated that he had received a new order for 1040 MT which will be executed in the first week of May 2021. The firm has executed the order accordingly.

The company’s stock on Monday traded at 111.35 on Monday. The action has been bullish and recently even recommended by Dark Horse to multiply at least 2 times. The stock is available at a significant discount compared to the PE industry of 20x.

Maheshwari Logistics has a management team which is extremely knowledgeable, high quality clients and continuous addition of new clients, low leverage, diversification into 3 verticals, healthy ROCE and ROE.

Incorporated in 2016, Maheshwari Logistics is one of the largest organized logistics service providers for cement manufacturers in Gujarat and Rajasthan. Catering to almost all of the major cement manufacturers in these states. Large fleet of owned vehicles (100+), pairing 5000+ vehicles with third party vendors and fleet owners. Diversified in the manufacture of kraft paper with 100% recycling of waste paper and has its own waste paper collection centers.

The plastic ban has also benefited the makers of kraft paper the most as an alternative to packaging. An experienced and young management team with a base of dedicated employees spread across a network of 25 offices in 6 states has led Maheshwari to strong financial performance and a strong balance sheet.

This story is provided by NewsView. ANI will not be responsible for the content of this article in any way. (ANI / NewsView)

This story is automatically generated from a syndicated feed. ThePrint is not responsible for its content.

Subscribe to our channels on Youtube & Telegram

Why the news media is in crisis and how to fix it

India needs even more free, fair, open-ended, questioning journalism in the face of multiple crises.

But the news media are in a crisis of their own. There have been brutal layoffs and pay cuts. The best of journalism is shrinking, giving in to crass spectacle in prime time.

ThePrint has the best young reporters, columnists and editors working for it. To support journalism of this quality, smart, thoughtful people like you have to pay the price. Whether you live in India or abroad, you can do it here.

Support our journalism

Source link

More Stories
The production of major manufacturers exceeds 429,000 in H1