Lancer Container Lines' stock climbed to ₹38.65 on the BSE, reflecting a gain of ₹1.96 or 5.34% from its previous close of ₹36.69. The stock opened at ₹37.80 and fluctuated between an intraday high of ₹39.50 and a low of ₹37.60. Trading volume reached 25.31 lakh shares.

The stock, categorized under the BSE group 'B', has a face value of ₹5. Over the past year, it hit a peak of ₹110 on February 5, 2024, and a low of ₹28.12 on October 25, 2024. In the last week, the stock’s high and low were ₹39.50 and ₹32.25, respectively, with a current market capitalization of ₹923.54 crore.

Promoters hold 41.89% of the company’s shares, while institutional investors and retail/non-institutional investors hold 14.46% and 43.65%, respectively.

In a significant development, Lancer Container Lines has partnered with Dubai-based Ocean Voyage Shipping Line LLC (OVSL) to collaborate on vessel chartering and related operations. OVSL, with expertise in vessel management, is expected to enhance Lancer’s operational capabilities.

The company aims to leverage this partnership to drive innovation and expects substantial growth over the next three years, accompanied by improved profit margins as operational scale increases. Lancer Container Lines specializes in logistics and shipping services.