India's Mahindra Logistics up on collaboration with Flipkart

Mahindra Logistics

01/09/2023 10:09

** Shares of Mahindra Logistics  MALO.NS  up as much as 3.99% at
405 rupees, their highest since July 24
    ** Stock hits sharpest intraday pct gain since July 18
    ** Third-party logistics service provider announces
collaboration with India's Flipkart marketplace for integrated
line haul solutions
    ** Analysts' average rating is equivalent of "buy", median
PT is 412.5
    ** About 366,649 shares change hands as of 2:35 p.m. IST,
1.6x the 30-day average
    ** Stock down 22.4% YTD as of last close

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))