Tara Chand InfraLogistic Stock Up by 4% After Company Gets Contract From SAIL
By Ankur Chandra | Published at: Jul 15, 2025 11:34 AM IST
Mumbai, July 15, 2025 – Shares of Tara Chand InfraLogistic Solutions Ltd (NSE: TARACHAND) gained 4.24% to reach ₹78.36 in early trade on Tuesday after the company’s announcement of securing a logistics contract from SAIL (Steel Authority of India). The total value of the contract is ₹81.50 crore.
The stock opened at ₹75.90 and touched ₹79.20, above its previous close of ₹75.17. At 11:00 a.m. IST, 15th July, its stock price is up by 4.04% at Rs 78.21.
New Contract Spurs Optimism
In a filing with the NSE under Regulation 30 of SEBI (LODR) Regulations, 2015, Tara Chand InfraLogistic announced it has received a Letter of Intent (LOI) from SAIL to serve as the Consignment and Handling Agent at the steelmaker’s Dankuni warehouse in West Bengal-its largest by volume.
“The contract is valued at about ₹81.51 crore (inclusive of taxes) and will be executed over a span of 4.5 years starting Q3 of FY2025-26,” the company stated.
According to the annexure, the deal involves the deployment of advanced machinery and skilled manpower for handling steel products. This marks Tara Chand’s strategic entry into Eastern India’s warehousing and transportation segment.
Market Snapshot
| Key Market Data (as of 09:19 IST) | Value |
|---|---|
| Last Traded Price | ₹78.36 |
| Day’s Change | +₹3.19 (+4.24%) |
| Open | ₹75.90 |
| Day High / Low | ₹79.20 / ₹75.90 |
| VWAP | ₹78.09 |
| Market Cap | ₹614.83 Cr |
| 52-Week High / Low | ₹104.78 / ₹46.50 |
| P/E Ratio (Adjusted & Symbol) | 22.55 |
| % Deliverable / Traded Quantity | 52.73% |
The scrip is listed and actively traded with a face value of ₹2. The applicable margin rate stands at 25%, with annualised volatility at 52.73%.
About the Company
Tara Chand InfraLogistic Solutions Ltd, listed on NSE since April 16, 2024, operates in the diversified commercial services sector. The company provides logistics, warehousing, and infrastructure-related services across India and is expanding geographically through strategic contract wins such as the latest SAIL mandate.
REF: https://nsearchives.nseindia.com/corporate/TARACHAND_14072025173455_NSE_Intimation_revised.pdf
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