| Highlights | Description |
| Snowman Logistics Share Price History | Overview of share price trends |
| Yearly Performance | Performance analysis on an annual basis |
| Quarterly Reports | Reports on company performance every three months |
| Financial Statements | Annual financial statements for investors |
| Stock Market Comparisons | Comparison of Snowman Logistics with other companies |
We RECOMMEND Buy for LONG-TERM with Stoploss of 34.47 and Strong Sell for SHORT-TERM with Stoploss of 37.90, and we also expect STOCK to react on the following Important Levels as of January 27, 2023. Snowman Logistics Limited (NSE: SNOWMAN) Snowman Logistics, an Indian cold chain logistics company, has seen a steady increase in its stock price since the beginning of the year. As of the beginning of August 2021, its share price is INR 67.95. With the pandemic highlighting the importance of cold chain logistics for the transportation of vaccines and other medical supplies, industry experts predict continued growth for Snowman Logistics. However, factors such as fluctuations in fuel prices and global trade tensions can still impact the company’s outlook. Overall, Snowman Logistics has a positive forecast for its share price in the coming months.
Important factors related to Snowman Logistics’ share price: – Positive growth in the cold chain logistics industry due to increased demand for vaccine transportation – Economic factors such as fluctuations in fuel prices and global trade tensions can impact the industry and company’s outlook – Overall, Snowman Logistics has a positive forecast for its share price in the coming monthsCitation
What Is The IPO Price Of Snowman Logistics?
The Snowman Logistics IPO is a main-board IPO of 42,000,000 equity shares with a face value of 10 yen each, with a total value of up to 197.40 yen and a price range of 44 to 47 yen per share. Snowman Logistics, an Indian cold chain logistics company, recently announced its Initial Public Offering (IPO) price of INR 60-61 (approximately USD 0.81) per share. The IPO opened on August 25 and closed on August 27, 2021. According to reports, the company is looking to raise INR 298.12 crore (approximately USD 40 million) through this IPO. Snowman Logistics offers refrigerated storage, transportation, and customized solutions to various industries such as pharmaceuticals, dairy, and quick-service restaurants. The company’s expansion plans include adding more warehouses and distribution centers across India.Key points about Snowman Logistics IPO price: – The IPO price is set at INR 60-61 per share. – The IPO opened on August 25 and closed on August 27, 2021. – The company is looking to raise INR 298.12 crore (approximately USD 40 million). – Snowman Logistics offers refrigerated storage and transportation services to various industries. – The company plans to expand further by adding more warehouses and distribution centers.The IPO price for Snowman Logistics is set at INR 60-61 per share.
Not:In addition to the information we have provided in our article on
snowman logistics share price history, you can access the wikipedia link here, which is another important source on the subject.
What Is The History Of Snowman Logistics?
Snowman Logistics Ltd. The company was founded on March 17, 1993, under the Companies Act as Snowman Frozen Foods Limited. On May 31, 1993, the Registrar of Companies in Kerala issued the company with a certificate of commencement of business. Snowman Logistics was founded in 1993 by Abhik Mitra, a logistics expert, with the aim of providing efficient cold chain logistics services to clients. The company has since grown and expanded across India, offering end-to-end temperature-controlled logistics solutions to a broad range of industries such as pharmaceuticals, FMCG, and agriculture. Today, Snowman Logistics has made its mark as one of India’s leading cold chain logistics providers, with a vast network of over 31 warehouses and a fleet of more than 400 vehicles. Its state-of-the-art infrastructure and cutting-edge technology enable the company to maintain the highest quality standards in temperature-controlled transportation and storage.Some important factors that have contributed to Snowman Logistics’ success include their focus on delivering customized solutions to clients, their commitment to quality control, and their investment in developing a strong team of experienced professionals. The company’s growth has been boosted by strategic partnerships with other leading players in the industry, enabling it to expand its footprint across the country. Key points:Snowman Logistics has grown into one of India’s leading cold chain logistics providers, offering end-to-end temperature-controlled logistics solutions to a wide range of industries.
- Founded in 1993 by Abhik Mitra
- Expanded to become one of India’s leading cold chain logistics providers
- Offers end-to-end temperature-controlled logistics solutions to diverse industries
- Focused on delivering customized solutions, quality control, and developing a strong team of experienced professionals
- Partnered with other leading players in the industry to expand its footprint across India
What Is The Future Of Snowman Logistics?
The long-term share price forecast and goals for Snowman Logistics SNOWMAN are up, and the closest possible share price targets are 37, 39, 42, or even 55.90. Snowman Logistics is one of India’s top cold chain logistics providers, specializing in temperature-controlled warehousing and transportation services. Despite the complications of the COVID-19 pandemic and the constantly tightening regulatory environment, Snowman Logistics appears to have a bright future. With rising demand for safe and hygienic temperature-controlled storage and transportation of perishables, the company is in a good position to expand its operations. Additionally, Snowman Logistics has developed a strong network of clients and partners, positioning it well for long-term growth in the continually evolving logistics industry.Cold chain logistics is essential to preserving freshness and quality in perishable goods. Snowman Logistics is well positioned to grow as demand for these services continues to rise.
Key points:
– Specializing in temperature-controlled warehousing and transportation services
– Rising demand for safe and hygienic temperature-controlled storage and transportation
– Strategic network of clients and partners for long-term growth.
Is Snowman Logistics A Good Buy?
MoneyWorks4Me’s Price Trend analysis shows that it is Semi-Strong, indicating that the price of Snowman Logistics Ltd. is likely to rise in the near future. Snowman Logistics is currently a good buy for investors. The company has a strong track record of growth and profitability, with consistent revenue and earnings growth over the past few years. Additionally, Snowman Logistics’ strategic partnerships with major players in the logistics industry, such as Gateway Distriparks and Container Corporation of India, further enhance its competitive position. With a diversified customer base and a solid balance sheet, Snowman Logistics is well-positioned to continue its growth trajectory in the years to come. Overall, Snowman Logistics presents a compelling investment opportunity for those seeking exposure to the growing Indian logistics sector.**Why Snowman Logistics is a good buy:** – Strong track record of growth and profitability – Strategic partnerships with major players in the logistics industry – Diversified customer base – Solid balance sheet Don’t miss out on investing in Snowman Logistics and potentially reaping the rewards of its continued success.According to industry experts, Snowman Logistics presents a compelling investment opportunity for those seeking growth and exposure to the growing Indian logistics sector.
On the downside, the Snowman Logistics SNOWMAN share price forecast and targets for Intra Day are 35.98, 35.75, and 35.15, while the upside targets are 37.03, 36.8, and 37.25. Possible article: Will Snowman Logistics Share Price Increase? Snowman Logistics is an India-based cold chain logistics company that offers end-to-end temperature-controlled warehousing, transportation, and distribution services for frozen and chilled foods, pharma products, and other perishable items. The company operates a network of over 35 integrated facilities across 15 cities in India and works with clients like ITC, PepsiCo, Britannia, and Hershey’s. Despite the challenges posed by the COVID-19 pandemic, Snowman Logistics has managed to maintain its revenue growth and profitability in the past fiscal year. The company’s total income grew by 13.5% YoY to INR 788 crores, while its net profit increased by 21.8% YoY to INR 69 crores. Moreover, Snowman Logistics has recently raised INR 55 crores from anchor investors ahead of its IPO, which is expected to be launched soon.
As per the recent reports and current trends, here are the reasons that Snowman Logistics’ Share Price may increase: – Rising demand for cold chain logistics services in India, driven by the growth of e-commerce, QSR, and organized retail. – Strong revenue growth and profitability in FY21, indicating the company’s ability to adapt to the market challenges and opportunities. – Successful fundraising ahead of the IPO, suggesting a positive investor sentiment and confidence in the company’s prospects. Therefore, if Snowman Logistics can sustain its growth momentum and execute its expansion plans effectively, its share price could potentially rise in the coming months, making it an interesting opportunity for investors who are looking for exposure to India’s logistics sector.According to analysts, Snowman Logistics could benefit from the increasing demand for cold chain logistics services in India, driven by the growth of e-commerce, QSR, and organized retail.
Who Is Buying Snowman Logistics?
Adani enters the cold chain logistics market by purchasing Snowman Logistics for INR 296 million. Snowman Logistics is one of the leading cold chain logistics providers in India. Rumours have been circulating recently that the company is up for sale, but who could be interested in acquiring it? According to industry insiders, the company has caught the attention of several potential buyers, including some of the biggest players in the logistics and transportation industry. Among them are reputed names like Flipkart, Delhivery, and Blackstone. With Snowman Logistics’ expanding network and excellent reputation in the market, it’s no surprise that these companies would want to acquire it. Stay tuned for more updates on this developing story. Several potential buyers, including Flipkart, Delhivery, and Blackstone, are interested in acquiring Snowman Logistics. **Important items related to the subject:** – Snowman Logistics is a leading cold chain logistics provider in India. – The company is up for sale, and several potential buyers have shown interest in acquiring it. – Flipkart, Delhivery, and Blackstone are among the reputed names interested in acquiring Snowman Logistics. “`The Snowman Logistics share price history can be found on financial websites.
Financial websites provide information about the Snowman Logistics share price history.
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Hi, I'm Glennis Liccardo. I'm interested in economics, mainly macroeconomic movements. This is my blog where I talk about my interests.
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