Aegis Logistics gains on inking pact with Aegis Vopak Terminals
The company will receive the sum of Rs 502.50 crore from AVTL upon execution of the agreement
Aegis Logistics is currently trading at Rs. 768.80, up by 6.10 points or 0.80% from its previous closing of Rs. 762.70 on the BSE.
The scrip opened at Rs. 779.60 and has touched a high and low of Rs. 779.60 and Rs. 750.10 respectively. So far 12569 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1035.70 on 08-Jan-2025 and a 52 week low of Rs. 610.50 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 801.70 and Rs. 745.05 respectively. The current market cap of the company is Rs. 27002.43 crore.
The promoters holding in the company stood at 58.10%, while Institutions and Non-Institutions held 23.13% and 18.77% respectively.
Aegis Logistics has executed a framework agreement with its associate company -- Aegis Vopak Terminals (AVTL). Under the agreement, the company will construct and develop Greenfield Terminal consist of 77,286 MT LPG storage capacity, 318,100 cbm Liquid Products storage and LPG Bottling Plant of 35,000 MTPA capacity (J2 Project) at Jawaharlal Nehru Port (JNPA) which will be acquired by AVTL. The company will receive the sum of Rs 502.50 crore from AVTL upon execution of the agreement.
Aegis Logistics is India’s leading integrated Oil, Gas & Chemical Logistics company and one of India’s top Importers and Handlers of LPG amongst private players.

