Velox Shipping

Why is Velox Shipping and Logistics Ltd falling/rising?

As of 30-Aug, Velox Shipping and Logistics Ltd's stock price remains stable at 17.01, but indicators show a positive trend with a 5.85% outperformance against its sector and significant increases in investor participation. The stock is also trading above key moving averages and has reached a new 52-week high, reflecting growing investor interest.

As of 30-Aug, Velox Shipping and Logistics Ltd's stock price is stable at 17.01, showing no change (0.00%). Despite this lack of movement in the stock price today, there are several factors indicating a positive trend for the company. <BR><BR>The stock has outperformed its sector by 5.85%, suggesting that it is performing better than many of its peers. Additionally, Velox is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is typically a bullish sign indicating upward momentum. <BR><BR>Moreover, there has been a significant increase in investor participation, with a delivery volume of 52.44k on January 1, which is a remarkable rise of 956.17% compared to the 5-day average delivery volume. This surge in trading activity can be a strong indicator of growing interest in the stock.<BR><BR>Furthermore, the stock has reached a new 52-week and all-time high of Rs. 17.01 today, which reflects positive sentiment among investors. <BR><BR>In summary, while the stock price has not changed today, the overall indicators suggest that Velox Shipping and Logistics Ltd is experiencing a rising trend in investor interest and performance relative to its sector.

Which are the latest news on Velox Shipping?

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 its operations, 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 17 Cr and a net loss of 2 Cr for the quarter ending March 2026. The company, formerly known as Khatau Exim Limited, has a market cap of INR 13 Cr and no dividends or debt.

Overview:<BR>Velox Shipping and Logistics Ltd operates in the foods and beverages sector within the Trading & Distributors industry and is categorized 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 the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 17 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 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 Regent Enterprises, Mah. Corporation, Neelkanth, and others, with varying management and growth risks. Regent Enterprises shows the best performance metrics, while Norris Medicines has the highest 1-year return at -9.39%.

Peers: The peers of Velox Shipping are Regent Enterp., Mah. Corporation, Neelkanth, Hemang Resources, Shyam Telecom, Le Lavoir, Norris Medicines, Tai Industries, NMS Global, and Yash Mgmt & Sat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Regent Enterp. and Le Lavoir, while Average management risk is found at Hemang Resources and NMS Global. Below Average management risk is noted at Mah. Corporation, Neelkanth, Tai Industries, and Yash Mgmt & Sat. Shyam Telecom and Norris Medicines do not qualify for management risk assessment. Growth is classified as Good at Regent Enterp. and Le Lavoir, Average at Neelkanth and Yash Mgmt & Sat., and Below Average at Mah. Corporation, Tai Industries, and the rest. The remaining peers, Hemang Resources, Shyam Telecom, and Norris Medicines, do not qualify for growth assessment. Capital Structure is Excellent at Regent Enterp. and Yash Mgmt & Sat., Good at Mah. Corporation, Le Lavoir, and Tai Industries, while Below Average is found at Neelkanth, Hemang Resources, NMS Global, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Norris Medicines at -9.39%, while Mah. Corporation has the lowest at -27.27%. Velox Shipping's 1-year return is not available for comparison. Additionally, the six-month return is negative for Regent Enterp., Mah. Corporation, Hemang Resources, NMS Global, and Le Lavoir.

How big is Velox Shipping?

As of 13th August, Velox Shipping and Logistics Ltd has a market capitalization of 13.00 Cr and reported Net Sales of 21.14 Cr, but incurred a Net Profit loss of 0.45 Cr in the latest four quarters. Shareholder's Funds are 7.98 Cr and Total Assets are valued at 8.37 Cr as of March 2025.

As of 13th 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 21.14 Cr. However, the company experienced a Net Profit loss of 0.45 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 7.98 Cr and Total Assets valued at 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