Corporate Actions

Back

Sical Logistics Limited secures Rs 39.23 crore contract from Steel Authority of India for iron ore transportation

04-Oct-26 10:54 Hrs IST

Sical Logistics Ltd. is down 4.51% to Rs 87.08, extending recent declines that have seen the stock fall 6.81% over the last week.

Sical Logistics Limited has received an award letter dated October 3, 2026, from Steel Authority of India Limited for excavation and transportation of iron ore from the Dalli Mech. Mine - phase #6, commencing October 5, 2026, and concluding November 18, 2028. The contract, awarded to Sical Logistics Limited, carries a total value of Rs 39,22,92,000 excluding GST.

Trading volume reached 35305 shares today, a substantial increase of 161.79% compared to the average volume over the last one week. Sical Logistics Ltd posted a modest gain of 0.51% year-over-year, outperforming the 9.72% loss recorded by the NIFTY50 index.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.