Velox Shipping

Why is Velox Shipping and Logistics Ltd falling/rising?

As of 27-Jun, Velox Shipping and Logistics Ltd's stock price is stable at 17.01, but indicators show a positive outlook with a 5.85% outperformance against its sector, strong trading volume, and a new all-time high. Despite some erratic trading, investor sentiment appears to be rising.

As of 27-Jun, Velox Shipping and Logistics Ltd's stock price is currently stable at 17.01, showing no change (0.00%). Despite this lack of movement in the stock price, there are several indicators suggesting a positive outlook for the company. <BR><BR>The stock has outperformed its sector by 5.85%, indicating stronger performance relative to its peers. Additionally, Velox 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% compared to 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 milestone. However, it is important to note that the stock did not trade on 5 out of the last 20 days, indicating some erratic trading behavior. <BR><BR>Overall, while the stock price remains unchanged at this moment, the underlying factors such as strong performance against the sector, increased trading volume, and reaching a new high suggest a rising sentiment among investors.

Which are the latest news on Velox Shipping?

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 net 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

How big is Velox Shipping?

As of 10th June, Velox Shipping and Logistics Ltd has a market capitalization of 13.00 Cr, with recent net sales of 21.14 Cr and a net loss of 0.45 Cr. The latest balance sheet shows shareholder's funds of 7.98 Cr and total assets of 8.37 Cr.

As of 10th June, 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 4 quarters, Velox Shipping reported Net Sales of 21.14 Cr. However, the company experienced a loss of 0.45 Cr in Net Profit during the same period.<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.

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 members:<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 need more details about their roles or the company, feel free to ask!

Who are the peers of the Velox Shipping?

Velox Shipping's peers include Ganon Products, Globe Commercial, and others, with Ganon Products showing the highest 1-year return at 32.37% and Mihika Industrie the lowest at -41.09%. Overall, Ganon Products and Globe Commercial have strong capital structures, while several peers exhibit below-average management risk and growth.

Peers: The peers of Velox Shipping are Norris Medicines, Universal Office, Diggi Multitrade, Ganon Products, Mitshi India, Mihika Industrie, Fruition Venture, Globe Commercial, Muller & Phipps, Sabrimala Indus.<BR><BR>Quality Snapshot: Excellent capital structure is observed at Ganon Products and Globe Commercial, while Below Average management risk is found at Diggi Multitrade, Ganon Products, Mitshi India, Mihika Industrie, Fruition Venture, Globe Commercial, and Sabrimala Indus. Growth is rated as Good at Ganon Products, Excellent at Globe Commercial, and the rest have Below Average growth.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ganon Products at 32.37%, while the lowest is Mihika Industrie at -41.09%. Velox Shipping's own 1-year return is 0.00%, which is higher than Mihika Industrie but lower than Ganon Products. Additionally, the six-month return is negative for Norris Medicines, Mihika Industrie, Globe Commercial, Muller & Phipps, and Sabrimala Indus.

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