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Logistics Company Grew as a MultiBagger, YTD growth close to 200%

Lancer Container Lines Limited is one of the BSE-registered small-cap company has seen a 200% YTD growth. Being one of the leading industry leaders in the logistics industry, it has a strong presence inside the Indian subcontinent as well as outside of it. Lancer Container Lines Limited is present in South East Asia, Middle east North Africa(MENA), Eastern Europe, and Central Asia region. It has a strong presence in shipping aligned with the land logistics industry.

This stock of Lancer Containers Lines Limited has surged almost 200% from last January 2022 to till date. The stock price rosed to Rs.518 on 16th November 2022. The company’s board of directors has announced that the stock will be split on 16th December 2022. The current market capitalization of the company is 1375Cr. Making it one of the leading transport service providers in India.

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