Lancer Container Lines Ltd

Lancer Container Share Company Information

The company was started in 2011, and it is known for its quality logistics service. The company provides services like Transport, Portable Cabin, Empty Container Yard, Container Trading, Shipping and Freight Forwarding, and NVOCC. It is listed in Mumbai Stock Exchange since 2016 and has 5 subsidiary companies.

Lancer Container Share Current Status

The company has a market cap of 1,642.07 Crores and a current debt of 268.30 Crores. It has a Dividend Yield of 0%, promoters holding of 53.92%, and a free equity interest rate of Rs. 30 lakh in cash. The company’s sales growth is 14.51%, profit growth is 47.51%, ROE is 33.79%, and ROCE is 25.12%.

Return Information for Last 5 Years

In the last 5 years, Lancer Container Share company has given 102% returns. It has also provided 202% returns in the last 3 years, 96% returns in the last 1 year, and 67% returns in the last 6 months.

Free Bonus Declaration of Shares

In the last quarter, the company earned a net profit of 6.87 crores, which increased to 7.07 crores this time. The current share price is ₹ 260, with a 52-week high of ₹ 271 and a 52-week low of ₹ 120. The company has decided to give free bonus shares to its investors, with the ex-date being September 22, 2023, and the ratio being 2:1.

Disclaimer: The purpose of the news is to provide information only. Investing in the stock market carries risks, so it is advisable to seek expert advice before investing.

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Serving "जहाँ Indian वहाँ India" Since 2014. I Started News Desk in Early Days of India Internet Revolution and 4G. I write About India for Indians.

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