Bengaluru, Aug. 5 -- The shares of this small logistics firm saw mild buying interest in the early trade after it announced receiving a long-term contract win from a large private sector steel manufacturer.

North Eastern Carrying Corporation Ltd a logistics services provider, currently has a market capitalization of Rs. 217.41 crore, and its shares opened at Rs. 23 and touched the same level intraday high, up 1.77 percent from the previous close at Rs. 22.60.

What's the News?

North Eastern Carrying Corporation Ltd has secured a logistics contract from Tata Steel Limited (TSL) for the transportation of steel products from TSL's Khopoli unit to Kalamboli, Panvel, Taloja, and other locations. The contract will run for five years and speci...