Sam Industries Limited receives LOI from Delhivery Ltd

Sam Industries Limited has received a Letter of Intent (LOI) from Delhivery Ltd. for construction of a warehouse (approx. 60,000 square feet area), ) at Shivaay LogiSpace at Village: Dakachiya, Tehsil; Sanwer, A. B. Road, Indore- 4523771 Madhya Pradesh, which is proposed to be leased out to Delhivery Ltd. upon completion.

The said project will be undertaken by the Company in the ordinary course of its business.

Shares of SAM INDUSTRIES LTD. was last trading in BSE at Rs. 58.20 as compared to the previous close of Rs. 63.30. The total number of shares traded during the day was 3006 in over 63 trades.

The stock hit an intraday high of Rs. 61.80 and intraday low of 57.00. The net turnover during the day was Rs. 173983.00.

Source : Equity Bulls

Keywords

SAMINDUSTRIES INE653D01012 LOI Delhivery