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Aegis Logistics Share Price Hits 52-Wk High; Gains for the 3rd Straight Day

Updated on: Jan 8, 2025, 11:53 AM IST
Aegis Logistics share price hits a 52-week high, marking gains for the third consecutive day, reflecting strong performance in the stock market.
Aegis Logistics Share Price Hits 52-Wk High; Gains for the 3rd Straight Day
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Shares of Aegis Logistics were trading 3.75% higher at ₹1,000.10 at 10:30 AM on the NSE. The stock opened at ₹1,027, up from the previous close of ₹963.95. After hitting an upper circuit limit of 20% yesterday, the stock has seen a steady rise over the past 3 sessions, gaining more than 20%.

Q2 FY25 Financial Highlight 

In Q2FY25, the company achieved record revenues and EBITDA, driven by new capacity from acquisitions, volume growth, and capacity expansion across both divisions. The Liquid Division saw an EBITDA growth of 16%, reaching ₹93 crore.

While the Gas Division’s EBITDA grew by 3%, reaching ₹144 crore. In comparison, FY24 also marked a record year, with a 25% increase in normalised EBITDA to ₹1,008 crore.

The Liquid Division posted an impressive 46% EBITDA growth at ₹396 crore. The Gas Division saw a 15% growth, with EBITDA reaching ₹612 crore PAT in FY25 stood at ₹152 crore, with a 1% growth, whereas FY24 saw a much higher PAT of ₹672 crore, reflecting a 32% increase.

About Aegis Logistics Ltd

Aegis Logistics Ltd. is a leading integrated logistics company in India, specialising in the transportation and storage of oil, gas, and chemicals. As one of the country’s top LPG importers and handlers among private players, Aegis operates a sophisticated network of liquid and gas terminals across major ports. The company also offers services in LPG products, transport fuels, gas logistics, and liquid logistics. Aegis is committed to sustainability, focusing on health, safety, community, and environmental responsibility.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 8, 2025, 11:33 AM IST

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