Sical Logistics may zoom on new order

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Sical Logistics has bagged a ₹304-crore order from Northern Coal Fields for excavation of overburden at Jhingurdah, Madhya Pradesh. The contract has to be executed in four years, the company said in a notification to stock exchanges. Investors will closely monitor the execution. Sical Logistics posted a profit of ₹9.96 crore for the quarter ended September 2016 and ₹10.17 crore for Q1. For fiscal 2016, it posted a profit of ₹18.48 crore.

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