Sical Logistics Shares Rise 3% on Southern Railway Approval for Gati Shakti Terminal
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TL;DR
Sical Logistics shares rose 3.1% after Southern Railway approved its Gati Shakti Cargo Terminal in Tamil Nadu, boosting logistics capabilities and long-term revenue growth.
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Sical LogisticsGati Shakti TerminalSouthern RailwayStock RiseLogistics
Sical Logistics shares rose 3.1% after the Southern Railway approved the commissioning of its Gati Shakti Cargo Terminal. The terminal, located in Tamil Nadu, is set to commence commercial operations and enhance the company's logistics capabilities, contributing to its long-term revenue growth. Sical Logistics is an Indian integrated logistics solutions provider with investments in infrastructure, equipment, and handling facilities.
