India's AVG Logistics gains on Kaizen acquisition
Shares of AVG Logistics AVGL.NS rise exchange-allowed maximum of 5% to 239.90 rupees
The logistics company on Wednesday said it has acquired 99% stake in Kaizen Logistics
Adds, acquisition of Kaizen Logistics shall provide enhanced operational capabilities and expanded footprint in sectors, including FMCG, beverages, metals and industrial chemicals
Stock down 35.8% YTD
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