Future Supply Chain Solutions inks pact with Benetton; stock gains 2%

Published on March 28, 2019
By India Infoline

Shares of Future Supply Chain Solutions gained 2% on Thursday after the company, in its filing, informed that it has inked a multi‐year agreement with Benetton India to provide Contract and Express Logistics services.

As per the agreement, the company will manage Benetton India’s supply chain requirements from a large built‐to‐suit, multi‐customer distribution centre in North India. This will cater to its pan India requirements, including reverse logistics, the company said in a press note.

Future Supply Chain Solutions Ltd’s share price is currently at Rs591.10, up by Rs12.5 or 2.16%, from its previous close of Rs578.60 on the BSE.

The scrip opened at Rs589 and has touched a high and low of Rs605 and Rs587, respectively. So far, 10,465 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs2,319.09cr.

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