scorecardresearchAegis Logistics records new 52-week high, gains more than 7%

Aegis Logistics records new 52-week high, gains more than 7%

Updated: 08 Mar 2023, 12:25 PM IST
TL;DR.

  • At 11:07 IST, the stock was trading at high volume of 2.1 million with price gain of 5.38. The stock price rose 92.1% and outperformed its sector by 88.7% in the past year.

 Aegis Logistics : The stock hit an intraday high of  <span class='webrupee'>₹</span>401.85 and low of  <span class='webrupee'>₹</span>370.50.

Aegis Logistics : The stock hit an intraday high of 401.85 and low of 370.50.

Shares of Aegis Logistics Ltd recorded a new 52-week high in Wednesday's trade, surging over 7%, amid positive sentiment. Analysts consider this counter to be a good performer overall, and today it broke through its previous high supported by high volumes.

At 11:07 IST, the stock was trading at high volume of 2.1 million with a gain of 5.38%. The stock price rose 92.1% and outperformed its sector by 88.7% in the past year.

The stock hit an intraday high of 401.85 and low of 370.50 today.

Article
Aegis Logistics over the last six months trade

Currently, the stock is trading 113% higher than its 52-week low of 184.

According to trendlyne data, debt to equity ratio is less than 1 and healthy. This implies that its assets are financed mainly through equity.

The return on equity (ROE) for the last financial year was 16.4%, in the normal range of 10% to 20%. However, the price to earning (PE) ratio is 33.2, higher than its sector PE ratio of 22.4.

Further, the mutual fund holding increased by 0.3% in the last quarter to 3.1%, and the promoter share holding stayed the same in the most recent quarter at 58.1%.

Article
How to choose the right stock
First Published: 08 Mar 2023, 12:25 PM IST