Shreyas Shipping and Logistics Stock Research

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Shreyas Shipping and Logistics Detail

Shreyas Shipping and Logistics is in portfolio of Ashish Kacholia. He is one of the top investors in India. The company belongs to Shipping sector.

As per the Company website it is part of Transworld Group. It is a pioneer and market leader in domestic coastal container shipping covering all main ports and container terminals on the Indian coast.

It has a fleet of 13 vessels with a capacity of over 23,000 TEUs, also offers services to the Middle East and Bangladesh. Below are list of services offered by the Company

  • Indian Coastal Feeder Transshipment Services
  • Multimodal Coastal Logistics in India
  • Own feeder services to connect north East Indian ports via Krishnapatnam
  • Domestic, Exim Liner and Feeder Transshipment Services
  • Break Bulk Cargo Services on Indian coast

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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Shreyas Shipping and Logistics Stock Performance

The stock had unrealistic run in year 2014. It was trading near 20 INR mark in year 2014 and within one year it started trading around 700. Thus giving more than 35 times return to investors in short span of time. This was awesome run by the Stock and investors made huge money if they correctly entered and exited.

It is very volatile stock off late and made swift positive and negative movement giving joyous as well as nervous time to investors. There was long consolidation phase after the global crisis where stock kept trading near 20 mark for almost six years. One major positive about the stock is dividend yield it gives at current market price.

Shreyas Shipping and Logistics My Opinion

Shreyas Shipping and Logistics is a Shipping and Logistics Company. There are not many Private Shipping Logistics Company listed in India as major work is performed by Government Owned entities. So in this regard it is a niche Company on the exchanges.

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Sea route is preferred route for large cargo shipments. Most of World trade is performed over sea route if it involves countries which are not in direct contact with land boundaries. In near present also the Sea route will continue to be major transport route as it is now and was long time back as well.

The Cargo Container shipping is dominated by Multinational companies. One positive about the Company is presence in Middle East route. This is also a busy route mostly for Oil imports.

This is growth and evergreen sector as there will be movement of goods from one country to another through sea route mainly. There is unlikely any other mode of transport to develop in near future which will replace sea route movement of goods.

This is interesting Company to track on. It has run too much in recent years so you should carefully have a look into the Company before making any decision.

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In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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