Mercantile Ports & Logistics Share News (MPL)

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Share Price: 1.60

Bid: 1.50

Ask: 1.70

Change: 0.00 (0.00%)

Spread: 0.20 (13.333%)

Open: 1.60

High: 1.60

Low: 1.60

Prev. Close: 1.60

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IN BRIEF: Mercantile Ports subsidiary inks container facility deal

Thu, 25th May 2023 11:54

Mercantile Ports & Logistics Ltd - Developer, owner and operator of ports and logistics facilities in India - Says subsidiary Karanja Terminal & Logistics Private Ltd signs five-year deal with Lucky Marine Shipping & Logistics PVT Ltd for the handling of containers at its Karanja facility. Lucky Marine will deliver volumes of at least 1,000 twenty-foot equivalent units per month, with operations starting in the next few weeks. Says Karanja will provide container services, which includes handling, transportation, storage and warehousing to Lucky Marine.

Current stock price: 4.26 pence, up 8.7%

12-month change: down 80%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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15 Feb 2023 15:56

Mercantile Ports shares jump as it handles first Navi Mumbai container

(Sharecast News) - Mercantile Ports & Logistics (MPL) announced the successful handling of the first container freight at its port and logistics facility in Navi Mumbai, Maharashtra, India on Wednesday.

15 Feb 2023 11:22

Mercantile Ports signs MoU with operator of terminal at major port

(Alliance News) - Mercantile Ports & Logistics Ltd on Wednesday said it has handled its first container freight at its facility in Navi Mumbai, India, and has signed a new memorandum of understanding.

22 Dec 2022 14:59

Mercantile Ports upbeat after strong fourth quarter

(Sharecast News) - Mercantile Ports & Logistics, which is operating and developing a port and logistics facility in Navi Mumbai, Maharashtra, India, announced on Thursday that after a "strong" final quarter of trading, it expected to meet revenue forecasts for the 2022 financial year.

22 Dec 2022 14:26