Incorporated in 1996, TCI Express Limited offers door-to- door express logistics services around the globe. The company provides express delivery services through surface express, domestic air express, international air express, reverse express, E-commerce, C2C Express, rail express and cold chain express.
TCI Express Limited’s distinct and unique values are Single point of contact, 24/7 coverage, Dedicated customer service, administrative and operational support, Door-to-door control of shipments, Standard Express service offerings and The ability to resolve a service issue using ‘automotive’ service recovery.
The company has a team of over 3500+ professionals and more than 40000 pickup and delivery locations.
TCI Express Limited Stock Quote & Charts
1731.1
-5.30 (-0.31%)
- Open: 1735
- High – Low: 1769 – 1705.55
- Previous Close: 1736.4
- Total Traded Value: 84740
- Updated On: 8/22/2022 4:00 PM
TCI Express Buyback Detail
| Issue Period | Aug 18, 2022 – Feb 13, 2023 |
| Security Name | TCI Express Limited |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹75.00 Crores |
| Buyback Price | ₹2050 per share |
| Face Value | ₹2 per share |
| Listing At | BSE |
Company Financials
| Period Ended | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|
| 31-Mar-20 | 1036.33 | 89.08 | 337.27 |
| 31-Mar-21 | 851.64 | 100.6 | 433.87 |
| 31-Mar-22 | 1089.64 | 128.84 | 536.19 |
| Amount in ₹ Crore |
Stock price at BSE (in preceding 3 months)
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Jul-2022 | 1790.05 | 1491.45 | 1624.13 |
| Jun-2022 | 1765.65 | 1551 | 1628.4 |
| May-2022 | 1889.5 | 1444.5 | 1634.72 |
Stock price at NSE (in preceding 3 months)
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Jul-2022 | 1790 | 1490.75 | 1626.09 |
| Jun-2022 | 1764.95 | 1554 | 1630.02 |
| May-2022 | 1898.85 | 1442.05 | 1634.95 |
Necessity of the Issue
The buyback is being undertaken for the following reasons:
1. The Buyback is generally expected to improve return on equity, through distribution of cash and improve eamings per share by reduction in the Equity base, thereby leading to long term increase in Members’ value.
TCI Express Buyback Documents
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Company Contact Information
TCI Express Limited
Flat Nos 306 & 307 1-8-273,
Ashoka Bhoopal Chambers, Third Ficar,
S.P Road, Secunderabad, 500003
Phone: +91 124 2384090 – 9
Email: info@tciexpress.in
Website: https://www.tciexpress.in/