Patel Integrated Logistics Ltd. Est.1959 | Inc.1962
Areef Patel, Executive Vice Chairman joins NDTV Profit:
If you would have bought this stock one year ago then you would have made 920%. This Stock has gone up 10 times. From its 52 weeks Low to its 52 weeks High, this Stock has Gone up exactly 10 Times.
This is what Patel Integrated Logistics is about.
To this Areef Patel adds that the economy is really on an upstream specially with the E-commerce players like Amazon, SnapDeals of the world, things are definitely changing in the Indian Market Space, specially the Logistics Space and hopefully in the upcoming months, we’re looking for the GST actually being implemented in its true sense. There is a huge upside to the whole Logistics Sector.
The three major focus areas today in the company are:
1. Express Delivery Segment
2. E-Commerce Segment
3. Warehousing Segment
Also, The fall in fuel prices is the direct impact on the margins, as 70% of the cost are Operating Cost. Reduction in the Diesel costs has impacted the margins positively in the last 7-8 months.
Areef Patel – “We’re looking at Better days ahead.”
Patel Roadways ® | Patel Express ® | Patel Airfreight ® | Patel warehouse ®
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