Velox Shipping

Which are the latest news on Velox Shipping?

Why is Velox Shipping and Logistics Ltd falling/rising?

As of 05-Sep, the stock price of Velox Shipping and Logistics Ltd is stable at 17.01, with no change recorded (0.00%). Despite this, indicators such as outperforming its sector by 5.85% and trading above key moving averages suggest a positive trend and increased investor interest.

As of 05-Sep, the stock price of Velox Shipping and Logistics Ltd is stable at 17.01, with no change recorded (0.00%). Despite this lack of movement in the stock price today, there are several indicators suggesting a positive trend for the company. <BR><BR>The stock has outperformed its sector by 5.85%, indicating stronger performance relative to its peers. Additionally, Velox Shipping is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bullish trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 956.17% against the 5-day average, reflecting heightened interest in the stock.<BR><BR>Moreover, the stock reached a new 52-week and all-time high of Rs. 17.01 today, which is a positive sign for investors. However, it is important to note that the stock has not traded on 5 days out of the last 20, indicating some erratic trading behavior. <BR><BR>Overall, while the stock price has not changed today, the underlying factors suggest a rising sentiment among investors and a potential upward trajectory for Velox Shipping and Logistics Ltd.

Who are in the management team of Velox Shipping?

The management team of Velox Shipping includes Debashish Mukherjee (Managing Director), Vani Alva and Shobha Rustagi (Additional Directors), Sushil Dattatraya Sindhkar (Director), and NISHI (Company Secretary & Compliance Officer).

The management team of Velox Shipping includes the following individuals:<BR><BR>1. **Debashish Mukherjee** - Managing Director<BR>2. **Vani Alva** - Additional Director<BR>3. **Shobha Rustagi** - Additional Director<BR>4. **Sushil Dattatraya Sindhkar** - Director<BR>5. **NISHI** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about Velox Shipping or need further details, feel free to ask!

What does Velox Shipping do?

Velox Shipping and Logistics Ltd, a Micro Cap company in the foods and beverages sector, reported net sales of 24 Cr and a net profit of 1 Cr for June 2026. Formerly known as Khatau Exim Limited, it has a market cap of INR 13 Cr and no debt or dividend yield.

Overview:<BR>Velox Shipping and Logistics Ltd operates in the foods and beverages sector within the Trading & Distributors industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on 21 February 1983 and was formerly known as Khatau Exim Limited. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 24 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 13 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>- Address: Submit Business Bay 102-103, Lev-1 Service Rd Ville Parle(E Mumbai Maharashtra : 400052<BR>- Tel: 91-22-42288300/08146995909<BR>- Email: khataueximltd@gmail.com<BR>- Website: http://www.veloxindustriesltd.in

Who are the peers of the Velox Shipping?

Velox Shipping's peers include Khyati Global, Contil India, AA Plus Trade, and others, with varying management risks and growth ratings. Newtrac Foods has the highest 1-year return at -46.28%, while Remedium Life has the lowest at -77.86%.

Peers: The peers of Velox Shipping are Khyati Global, Contil India, AA Plus Trade, Sunil Industries, Le Lavoir, Chandra Pr. Intl, Newtrac Foods, Medico Intercon., Nirav Commercial, and Remedium Life.<BR><BR>Quality Snapshot: Excellent management risk is observed at Contil India, Le Lavoir, and Chandra Pr. Intl, while Average management risk is found at Khyati Global and Newtrac Foods. Below Average management risk is present at AA Plus Trade, Sunil Industries, Medico Intercon., Nirav Commercial, and Remedium Life. Growth is rated as Good for Khyati Global and Contil India, while Below Average growth is noted for AA Plus Trade, Sunil Industries, Le Lavoir, Chandra Pr. Intl, Newtrac Foods, Medico Intercon., Nirav Commercial, and Remedium Life. Capital Structure is rated as Excellent for Contil India and Medico Intercon., Below Average for AA Plus Trade, Sunil Industries, Chandra Pr. Intl, Newtrac Foods, Nirav Commercial, and Remedium Life, and Below Average for Khyati Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Newtrac Foods at -46.28%, while the peer with the lowest is Remedium Life at -77.86%. Velox Shipping's 1-year return is not available for comparison. Additionally, several peers, including Sunil Industries, Newtrac Foods, Medico Intercon., Nirav Commercial, and Remedium Life, have negative six-month returns.

How big is Velox Shipping?

As of 31st August, Velox Shipping and Logistics Ltd has a market capitalization of 13.00 Cr, with recent net sales of 44.50 Cr and a net profit of 0.27 Cr. The latest balance sheet shows shareholder's funds of 7.98 Cr and total assets of 8.37 Cr.

As of 31st August, Velox Shipping and Logistics Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Velox Shipping reported Net Sales of 44.50 Cr and a Net Profit of 0.27 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 7.98 Cr and Total Assets of 8.37 Cr.

When is the next results date for Velox Shipping?

The next results date for Velox Shipping is 12 August 2025.

The next results date for Velox Shipping is scheduled for 12 August 2025.

What is the technical trend for Velox Shipping?

As of March 10, 2023, Velox Shipping's technical trend is neutral, with a stagnant price of 17.01 and insufficient data on key indicators to indicate a bullish or bearish stance.

As of 10 March 2023, the technical trend for Velox Shipping has changed from mildly bullish to does not qualify. The current price is stagnant at 17.01, with no movement in the previous close, today's high, or today's low, indicating a lack of volatility and trading activity. Additionally, there is insufficient data on key indicators such as MACD, RSI, or moving averages to provide a clear bullish or bearish stance. Overall, the technical stance is neutral due to the lack of qualifying indicators.

How has been the historical performance of the Velox Shipping?

Velox Shipping has faced significant financial challenges, with no profit before tax reported for the past three years and ongoing cash flow issues. However, there has been a slight improvement in shareholder equity and a reduction in long-term debt.

Answer:<BR>The historical performance of Velox Shipping shows a challenging financial landscape with significant fluctuations in key metrics over the years.<BR><BR>Breakdown:<BR>Velox Shipping's share capital remained stable at Rs 7.97 crore in both March 2024 and March 2023, a notable increase from Rs 0.35 crore in March 2022. However, total reserves have shown a negative trend, improving slightly from -0.62 crore in March 2023 to -0.44 crore in March 2024. Shareholder's funds increased to Rs 7.54 crore in March 2024 from Rs 7.36 crore in March 2023, reflecting a recovery from negative values in previous years. Long-term borrowings decreased from Rs 0.30 crore in March 2023 to Rs 0.08 crore in March 2024, while total liabilities slightly decreased to Rs 7.69 crore in March 2024 from Rs 7.77 crore in March 2023. The total assets also saw a minor decline, totaling Rs 7.69 crore in March 2024 compared to Rs 7.77 crore in March 2023. Notably, Velox Shipping reported no profit before tax for the years ending March 2024, 2023, and 2022, indicating ongoing operational challenges. Cash flow from operating activities remained at zero, with significant negative changes in working capital recorded in March 2023. Overall, the company has faced difficulties in generating profits and managing cash flow, while showing some improvement in shareholder equity and a reduction in debt levels.

Who are the top shareholders of the Velox Shipping?

The top shareholders of Velox Shipping include Appu Financial Services Ltd with 72.11%, Miker Financial Consultants Pvt Ltd with 8.85%, and individual investors holding 15.93%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Velox Shipping are primarily its promoters. The largest shareholder is Appu Financial Services Ltd, which holds 72.11% of the company. The highest public shareholder is Miker Financial Consultants Pvt Ltd, with an 8.85% stake. Additionally, individual investors collectively hold 15.93% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

Has Velox Shipping declared dividend?

No Dividend History Available