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Ritco Logistics Bags INR101 Million Worth of New Contracts in May

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Ritco Logistics (NSE:RITCO, BOM:542383) secured new transportation contracts worth around 100.7 million Indian rupees in May, according to a Saturday filing to the Indian stock exchanges.

Of the total, orders worth 93 million have been received through its polymer and PSU segment, including two contracts valued at a combined 58 million rupees from Rashtriya Ispat Nigam.

Under its infrastructure, engineering, and industrial goods segment, it bagged a one-year contract with BHEL (NSE:BHEL, BOM:500103) and two contracts from RenewSys.

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