VRL Logistics Shares Surge 14% to 52-Week High as Q2 Profit Doubles
VRL Logistics shares rallied 14% to a fresh 52-week high after the company reported that September-quarter profit more than doubled. The body is truncated after noting revenue growth, higher freight realisations and improved operating margins.
New Delhi, Nov. 3 -- VRL Logistics shares rallied sharply on Tuesday, November 3, hitting a fresh 52-week high after the logistics company reported a more than two-fold increase in its September quarter profit. Strong revenue growth, higher freight realisations and an improvement in operating margi…