Shares of Accuracy Shipping jumped about 7 per cent to Rs 13.35 on Friday, before giving up its gains partially as more than 1.8 lakh shares of the company exchanged hands.

Multibagger logistic solution provider’s stock surges 7% today amid heavy volumes

Accuracy Shipping reports consolidated net loss of Rs 0.10 crore in the December 2022 quarter

Accuracy reported an EBITDA of Rs18 crore in the quarter ended December 2021.

Accuracy Shipping logs 189% yoy growth in Q3FY22 PAT at Rs10.20cr; stock skids ~3.5%

Accuracy Shipping consolidated net profit rises 6662.50% in the June 2021 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Accuracy Shipping is a third party logistics solutions providing company. It offers customized logistic solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance