Jet Freight is currently trading at Rs. 63.95, up by 0.60 points or 0.95% from its previous closing of Rs. 63.35 on the BSE.
The scrip opened at Rs. 62.50 and has touched a high and low of Rs. 64.05 and Rs. 61.80 respectively. So far 2432 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 94.35 on 24-Jan-2022 and a 52 week low of Rs. 44.40 on 31-Dec-2021.
Last one week high and low of the scrip stood at Rs. 73.75 and Rs. 61.30 respectively. The current market cap of the company is Rs. 72.10 crore.
The promoters holding in the company stood at 70.15% and Non-Institutions held 29.85%.
Jet Freight Logistics has accelerated ‘Mission Excel’ a high growth business transformation initiative which promises to bring 5x revenue growth in coming 5 years of the company. This business initiatives are built upon the 4 P’s of business expansion that comprises Product expansion, People & culture, Process automation, and Promotion of business.
Under Mission Excel, Jet Freight plans to expand its wings from air/ ocean forwarding to specialize in the last-mile delivery, adapting 4PL approach, offering Surface Transport alongwith Custom Clearance, and Warehousing, With the 4PL approach, Jet Freight plans to hire subject matter experts to bring digitalization and expand its strategic collaboration with automated HR System for people management and culturally defined engagement. With its added emphasis on employee engagement and inclusive workplace culture, Jet Freight is capitalizing on hiring and acquiring the right team for the job.
Jet Freight Logistics is one of the leading freight forwarders, offering complete logistics solutions.