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Invest in logistics stocks, but selectively

Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.

Gateway Distriparks to spend Rs 180 crore on two inland container depots

India Cold Chain Market Report 2023: An INR 4 26 Trillion Market by 2027 with Competitive Analysis of Leading Players - Snowman, Kool-ex, Coldstar, Gati Kausar, and DHL Logistics

Snowman Logistics appoints N Balakrishna as their Chief Financial Officer

Snowman Logistics, India s leading cold chain & integrated temperature-controlled logistics service provider, appoints N Balakrishna as the company s new Chief Financial Officer.

Snowman Logistics Ltd Q3 FY2022-23 PAT up at Rs 3 73 crores

Snowman Logistics Ltd Q3 FY2022-23 PAT up at Rs 3 73 crores
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