India's AVG logistics rises on acquiring cold chain vehicle fleet

AVG Logistics

20/12/2023 06:30

** Shares of AVG Logistics  AVGL.NS  rise as much as 3.3% to
345 rupees
    ** The logistics company said it was acquiring fleet of 50+
cold chain vehicles used to transport temperature-sensitive
goods
    ** Stock on track to snap three sessions of losses 
    ** AVGL has risen ~10% in Dec, hitting record highs in the
process, partly due to an order win
    ** Co eyes biggest trading volumes for the year since
listing in 2018
    ** Stock has nearly tripled in 2023; set for its biggest
ever yearly growth since listing 

 (Reporitng by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))