Shares of Sical Logistics gained 7 percent in the early trade on Thursday after company won a contract from Mahanadi Coalfields.
The company has been awarded with a letter of acceptance (LoA) by Mahanadi Coalfields for extraction of coal / coal measure strata and allied transportation activities at Hingula OCP, Hingula Area.
The contract price is of Rs 363.38 crore (including GST) for extraction of 16.20 million Cu.M over a period of 3 years.
At 09:16 hrs Sical Logistics was quoting at Rs 162.55, up Rs 11, or 7.26 percent on the BSE.
The share touched its 52-week high Rs 268 and 52-week low Rs 139 on 09 January, 2018 and 09 October, 2018, respectively.
Currently, it is trading 39.35 percent below its 52-week high and 16.94 percent above its 52-week low
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