Investors debate S J Logistics as stock slides 14.77 percent

Market pulse

From the investor's mind

The Cabinet Committee on Economic Affairs has cleared a ₹52,900 crore deal for Fairfax Financial Holdings to acquire a controlling 60.72% stake in IDBI Bank at ₹81 per share. Sharing the Motilal Oswal note on the transaction, Aditya Kondawar highlights this as India's biggest strategic disinvestment to date, marking the largest buy-in of its kind. The structural shift involves the government divesting a 30.48% stake alongside a 30.24% stake sale by the Life Insurance Corporation of India. For investors, this landmark privatisation signals a massive vote of confidence from a global financial major, demonstrating that the government is willing to execute large-scale, high-value asset sales in the banking sector.

Word in the street

S J Logistics (I

Investors in the broader market are actively discussing S J Logistics, a multimodal transport operator that has seen its stock fall 14.77 percent over the past year. With a market cap of about 444 crore, the company provides logistics and supply chain solutions, including project cargo, ocean and air freight forwarding, customs clearance, inland transportation, warehousing, door delivery, and NVOCC services across South America, Europe, and the Gulf. Market participants highlighted its current market price of 309, a market cap of 488 crore, a price to earnings ratio of 6.4, and an enterprise value to EBITDA ratio of 5.

Yesterday's big moves

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