Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
AVG Logistics Ltd. ( (IN:AVG) ) has issued an announcement.
AVG Logistics Limited has launched a new liquid logistics vertical, introducing rail-based transportation of bulk liquid chemicals using high-grade ISO tank containers, with its first customer Chemplast Sanmar Limited. Each dedicated train will carry 96 ISO tanks with a total capacity of about 3,100 tons per trip, and the company expects this operation to generate annual revenue of roughly Rs 22–24 crore, underscoring the commercial potential of its entry into this high-growth segment. The move leverages a long-term leased flatbed train from Central Warehousing Corporation and complements AVG’s imported ISO tanker fleet to provide integrated first-mile, long-haul rail, and last-mile delivery solutions. By shifting liquid cargo transport to rail, AVG aims to offer safer, faster and more reliable alternatives to conventional road-based transport while cutting emissions and congestion, thereby strengthening its role in India’s chemical and allied industries and supporting the country’s expanding chemical, pharmaceutical and industrial liquid export ecosystem.
More about AVG Logistics Ltd.
AVG Logistics Limited is an Indian logistics services provider that has traditionally focused on van parcel and freight services across multiple routes in the country under long-term lease arrangements. The company is positioning itself as a comprehensive multimodal logistics partner by expanding beyond road-based services into specialized segments such as liquid and bulk chemical transportation, with an emphasis on safety, asset quality and environmental sustainability.
Average Trading Volume: 2,364
Technical Sentiment Signal: Sell
Current Market Cap: 2.77B INR
For detailed information about AVG stock, go to TipRanks’ Stock Analysis page.