Sunday, April 12, 2015

VRL's healthy earnings justify its IPO pricing

VRL Logistics' manageable debt, decent earning growth, and large size compared to competitors make its public issue pricing reasonable. The Karnatakabased company is a leader in the surface logistics industry. The company, established in 1976 by Vijay Sankeshwar with a single truck, it has 3,546 trucks today. 



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