Small-Cap Multibagger Logistics Stock Secures 3-Year Haldiram Nagpur Contract; Shares Jump Over 8%

Indian equity benchmarks traded higher on Friday, with the benchmark Nifty 50 index gaining 371.95 points, or 1.61 per cent, to 23,533.55. Amid the broader market strength,  AVG Logistics' share price jumps  7.91 per cent to Rs 181.52, following the announcement of a major long-term transportation contract from Haldiram-Nagpur.

AVG Logistics Bags Long-Term FMCG Contract

AVG Logistics has secured a three-year transportation contract from Haldiram-Nagpur, which is expected to generate approximately Rs 35 crore in annual revenue.

The agreement marks a significant addition to the company's order pipeline and further strengthens its position in the FMCG logistics segment.

100 Dedicated Vehicles To Be Deployed

Under the contract, AVG Logistics will deploy 100 dedicated vehicles to support Haldiram-Nagpur's transportation and distribution requirements.

The fleet will be deployed across the Western and Southern regions of India, along with key eastern markets including Odisha, Bihar and Jharkhand.

The company stated that the additional fleet capacity will help improve service coverage, optimise turnaround times and enhance delivery efficiency across multiple distribution corridors.

Improves Revenue Visibility

The contract has been awarded for an initial tenure of three years, providing AVG Logistics with improved medium-term revenue visibility.

Management believes the deployment will strengthen fleet utilisation levels and enhance operational efficiencies while supporting the company's strategy of expanding through long-term contracts with established corporate customers.

The order also reinforces the company's growing presence in the FMCG sector, where timely deliveries, network reach and service reliability remain critical factors.

Management Commentary

Commenting on the development, Sanjay Gupta, Managing Director & CEO of AVG Logistics Limited, said: "This order represents a meaningful expansion of our fleet capacity and highlights the confidence that leading FMCG companies place in our capabilities. Strengthening our presence in the FMCG sector remains a key priority, and this deployment enables us to deliver more efficient, scalable, and reliable logistics solutions. We remain committed to supporting our clients' growth with high-quality transportation services."
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About AVG Logistics

AVG Logistics Limited is an integrated logistics and supply chain solutions provider offering services across road transportation, rail logistics, warehousing, cold chain logistics and multimodal transportation.

The company serves a diverse customer base spanning FMCG, food products, pharmaceuticals, industrial goods and other sectors that require reliable transportation and distribution networks. Its focus on technology-driven logistics solutions and dedicated fleet operations has helped it establish a strong presence across India.

Apart from conventional transportation services, AVG Logistics also operates reefer transportation and cold-chain infrastructure, catering to temperature-sensitive products. The company continues to expand its logistics network through strategic fleet additions, long-term customer contracts and warehousing capabilities.

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Disclaimer: The article is for informational purposes only and not investment advice.