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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. ....