Should I buy VRL Logistics?

Should I buy VRL Logistics?

VRL Logistics Limited (NSE: VRLLOG) As on 27th Jun 2022 VRLLOG Share Price closed @ 619.80 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 452.06 & Buy for SHORT-TERM with Stoploss of 578.43 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is VRL Logistics debt free?

How Much Debt Does VRL Logistics Carry? You can click the graphic below for the historical numbers, but it shows that as of September 2021 VRL Logistics had ₹1.49b of debt, an increase on ₹1.08b, over one year. However, because it has a cash reserve of ₹355.3m, its net debt is less, at about ₹1.13b.

Who owns VRL?

Vijay Sankeshwar is an Indian businessman from Dharwad, Karnataka. He along with Anand Sankeshwar (managing director) is the chairman of India’s largest logistics firm VRL Group. He is also known for being the owner of the largest fleet of commercial vehicles in India. He left BJP and founded the Kannada Nadu Party.

How much is a truck in VRL Logistics?

Hubballi-based logistics major VRL Logistics Limited is planning to expand its fleet by adding 248 new trucks at a cost of Rs 67 crore. The company currently operates close to 4,000 trucks and buses.

Why VRL Logistics is a good long term bet?

Asset-heavy business. VRL Logistics is an asset-heavy business and derives its revenue significantly from goods transport (81 per cent) and bus operations (16 per cent). The company has 4,754 trucks and 337 buses and the business was running at about 100 per cent capacity utilisation before the Covid-19 outbreak.

Is VRL a public company?

VRL Logistics Ltd was incorporated on March 31 1983 as a private limited company with the name Vijayanand Roadlines Pvt Ltd. Initially in the year 1976 Vijay Sankeshwar the promoter commenced the good transportation business in the State of Karnataka through a proprietary firm.

How many trucks VRL has?

From this humble beginning VRL has today grown into a nationally renowned logistics and transport company which is also currently the largest fleet owner of commercial vehicles in India with a fleet of 4866 Vehicles (Including 291 Passenger Transport Vehicles & 4575 Goods Transport Vehicles amongst others).

How big is VRL?

VRL Group is one of the large logistics and transport companies in India (incl. 4360 vehicles, comprising 419 tourist buses and 3941 transport goods vehicles). Limca Book of Records, mentioned it as the single largest fleet owner of commercial vehicles in the country’s private sector.

How many vehicles does VRL own?

VRL operates about 5,000 vehicles, including tankers, cranes and buses, and has identified some 700 low capacity trucks for possible scrappage.

What is the full form of VRL?

Azra answered 6 Mar. The Full form of VRL is VERAVAL, or VRL stands for VERAVAL, or the full name of given abbreviation is VERAVAL.

What does VRL stand for?

VRL

Acronym	Definition
VRL	Vascular Research Laboratory (various schools)
VRL	Virus Reference Laboratory (University College Dublin; Dublin, Ireland)
VRL	Vision Research Lab (University of California, Santa Barbara)
VRL	Virtual Research Library

Is logistics a good investment?

The logistics sector is currently benefiting from long-term structural trends and makes low-risk investments possible. At the same time, industrial real estate offers increasingly attractive investment opportunities with a wide range of tenants.

What are business logistics companies?

What is a logistics company? Logistics companies are third-party fulfillment providers (also known as a 3PL) that offer order processing and services like warehousing, picking, packing, and shipping. Logistics companies receive, process, and store inventory from merchants.

Where is the head office of VRL Logistics?

What is transporter ID of VRL Logistics?

GST Number of VRL LOGISTICS LIMITED is 29AABCV3609C1ZJ in Karnataka.

How do I track VRL Logistics?

You can track VRL Logistics status online using TrackMyCouriers tracking tool. Enter your courier tracking number above to track the delivery status of your consignment.