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...
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