Snowman Logistics: On the move
The company should benefit from business restructuring and implementation of GST
From August 2016, the stock of Snowman Logistics (Snowman) that offers temperature variant cold supply-chain warehousing and transportation solutions, has shed nearly a third of its value. It currently trades at ₹60, nearly 50 per cent down from its peak towards the end of 2014.Over the two quarters ending December 2016, Snowman’s strategic decision to exit the low-margin pure transport business a...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news