Lancer Container Lines Ltd., a logistics solution provider in India, has shown Explosive Growth With 2300% Returns to investors in just 3 Years.
Lancer Container Lines Ltd
Lancer Container Lines Ltd, established in 2011, operates as a shipping enterprise specializing in liner (NVOCC) services, catering to regions including Asia, Africa, Latin America, and the Caribbean.
The company extends its expertise to encompass shipping and associated solutions, spanning project and freight forwarding, container trading, and container leasing.
Consolidating these diverse competencies, the company presents comprehensive end-to-end logistical resolutions tailored to the varied shipping requisites of its clientele.
The company’s portfolio now encompasses an explosive growth network of 74 international ports, complemented by the operation of 5 subsidiary entities.
Lancer Container News
In the Latest Lancer Container News, the company is holding a meeting of the Board Of Directors on August 10, 2023. The Meeting decides the allocation and bonus amount to give its investors.
This is the 3rd Time the company is providing bonuses to its investors.
January 3, 2018, the bonus shares were in a 3:5 ratio. This means the company awarded three bonus shares for every five shares held by the eligible shareholders of the company.
On October 13, 2021, the bonus shares were in a 2:1 ratio. This means two bonus shares were awarded for each share held by the beneficiary shareholders.
Lancer Container has also recently signed a Joint Venture in Dubai.
This shows the company is keen to expand and keep growing and will keep adding new subsidiaries under its partnership resulting in more profit.
Lancer Container Share Price
The Share Price as of August 9, 2023 is 212. Lancer is a small-cap stock, showing explosive growth and providing massive returns.
Explosive Growth Of Lancer Container Lines Ltd
Lancer Has Shown Impressive Long-Term Growth In 3 and 5 Years. Their shared commitment lies in providing prompt and efficient services of the highest calibre within the market.
The Biggest Competition To Lancer Container Is ADANI PORTS. Read Our Story On How Adani Made A Comeback.