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Decline in oil prices from their highs and staying at a stable level. Increased economic activity are tailwinds which logistics companies have been getting for the last three quarters. While it is a tough task to make a guess on the oil prices, given the fact that despite the self imposed cut in oil production by Saudi Arabia, crude oil prices have still not seen any sustained uptrend. So the probability of a major headwind does not seem to be close by. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the lis...

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 850 in its research report dated July 19, 2023.

Decline in oil prices from their highs, increased economic activity are tailwinds. However, will the step taken by RBI to control inflation show an impact on overall economic growth in the coming quarter and will a delayed monsoon may turn out to be a headwind for the short term. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Vijay Sankeshwar is the founder o VRL Logistics. His company holds the world record for the largest fleet of commercial vehicles.

Motilal Oswal is bullish on VRL Logistics recommended buy rating on the stock with a target price of Rs 770 in its research report dated May 08, 2023.