Shreyas Shipping & Logistics Ltd has forecast a 30 percent rise in its sales in the year to March 2009, led by growth in warehousing and non-shipping business, executive director Anil Devli said. For 2007/08, the company had earlier forecast a 20 percent rise in sales, he said. Demand has been strong in March and April for the business and the company does not see a slowdown happening, he said.
Shares in the company rose by 1.7 percent to hit a day's high of 74.25 rupees, after the news.
Shares in the company rose by 1.7 percent to hit a day's high of 74.25 rupees, after the news.