Strong Stocks in a Bear Market -2: VRL Logistics
Moneylife Digital Team 30 June 2022
VRL Logistics Ltd (VRL), a goods and passenger transportation company, is primarily focused on the LTL (less-than-truckload) segment (90% of revenues) followed by a 7% contribution from the passenger bus service segment. Unlike most other players, it operates its own fleet of 4,816 trucks (capacity: 71,056 tonnes) and 295 buses. The management’s focus is on: the high-margin LTL business;...
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