{"id":114054,"date":"2023-11-21T11:53:46","date_gmt":"2023-11-21T06:23:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114054"},"modified":"2023-11-21T11:53:51","modified_gmt":"2023-11-21T06:23:51","slug":"lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/","title":{"rendered":"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3860160762\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4116876255\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 1,832.91 crores, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/LANCER\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Lancer Container Lines Ltd<\/a><\/strong>. On Tuesday, the shares were trading at Rs 84.82, a decrease of 1.12 percent from the previous close price.\u00a0<\/p><p>According to the company filing, Lancer Container Lines Ltd announced the acquisition of 7,50,000 Equity Shares at a price of Rs. 10\/- per share Equity Share Capital of Transco Logistix Worldwide Pvt Ltd. The purpose of this investment is to add a vertical business line for the company in the field of the Logistics Industry, and the acquisition shall take approximately two months.&nbsp;<\/p><p>Looking into the company&#8217;s finances, Lancer Container Lines Ltd&#8217;s revenue decreased by 26.8 percent from Rs 227.32 Crore in Q2FY23 to 166.33 Crore in Q2FY24. During the same period, net profits decreased by 10 percent from Rs 15.86 crore to Rs 14.21 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1572904065\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The stock has delivered a return of 84.34 percent in six months and 11.91 percent in a year.&nbsp;<\/p><p>Lancer Container Lines Ltd\u2019s recent shareholding pattern, The Promoters of the company own 46.07 percent while Retail shareholders own a 31.29 percent stake in the company and Foreign Institutional Investors own a 22.41 percent stake.&nbsp;<\/p><p>Lancer Container Lines Ltd reported excellent return ratios in the recent financial year with a return on equity (ROE) of 41.91 percent and a return on capital employed (ROCE) of 29.64 percent.&nbsp;<\/p><p>Lancer Container Lines Ltd. offers liner services to countries in Asia, Africa, Latin America, and the Caribbean. Along with shipping, Lancer Container also provides services related to shipping, such as project and freight forwarding, container trading, and leading.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-888296289\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.&nbsp; With a market capitalization of Rs 1,832.91 crores, Lancer Container Lines Ltd. On Tuesday, the shares were trading at Rs 84.82, a decrease of 1.12 percent from [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14545,11017,11016,948,936],"class_list":["post-114054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-lancer-container-lines-acquisition","tag-lancer-container-lines-latest-news","tag-lancer-container-lines-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix\" \/>\n<meta property=\"og:description\" content=\"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-21T06:23:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-21T06:23:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/\",\"url\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/\",\"name\":\"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"datePublished\":\"2023-11-21T06:23:46+00:00\",\"dateModified\":\"2023-11-21T06:23:51+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix - Trade Brains Features","description":"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/","og_locale":"en_US","og_type":"article","og_title":"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix","og_description":"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v","og_url":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-21T06:23:46+00:00","article_modified_time":"2023-11-21T06:23:51+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/","url":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/","name":"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","datePublished":"2023-11-21T06:23:46+00:00","dateModified":"2023-11-21T06:23:51+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd.\u00a0v","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/lancer-container-lines-announces-acquisition-of-60-equity-share-capital-in-transco-logistix\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Lancer Container Lines announces acquisition of 60% equity share capital in Transco Logistix"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=114054"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114054\/revisions"}],"predecessor-version":[{"id":114055,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114054\/revisions\/114055"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/97173"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=114054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=114054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=114054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}