Logistics stock jumps 17%
A small logistics company’s shares jumped about 17% after it announced an expansion into maritime operations, showing investor appetite for multimodal network plays and global footprint growth. The move highlights how adding maritime capacity can materially re‑rate logistics businesses. (tradebrains.in)
Market capitalization was reported at ₹436 crore and the shares touched an intraday high of ₹295 while the stock trades at a price‑to‑earnings ratio of 7.11 versus an industry P/E of 20.6. (tradebrains.in) The company has set an explicit fleet target to scale its owned/operated vessels to a total of six to support cross‑border routes and integrated shipments. ( ) Quarterly results dated March 9, 2026 show revenue of ₹157.14 crore, operating profit of ₹28.42 crore and net profit of ₹18.12 crore, representing year‑over‑year growth in revenue of ~26.5% and net profit growth of ~42%. ( ) Corporate disclosures list a global footprint spanning 30+ countries across six continents, warehousing capacity of about 38,910 square feet, three subsidiaries and a network of over 2,000 agents. ( ) A company press release attributes recent margin improvement to higher capacity utilisation, operating efficiencies and the integration of vessel operations with its freight‑forwarding and NVOCC businesses. (sjlogistics.co.in) The firm has signalled further international commercial activity — including participation in cargo exhibitions and targeted trade‑corridor initiatives — while remaining listed on Indian exchanges under the ticker SJLOGISTIC per regulatory filings. ( )
