Commodities
A-1 Aims to Make Entire Fleet Debt-Free by October; Shares Up 5%
Chemicals manufacturer A-1 (BOM:542012) aims to make its entire fleet of tankers and vehicles debt-free by October, according to a BSE filing on Monday.The company has made over 90% of its fleet of tankers and vehicles debt-free, and plans to make the remaining vehicles debt-free by October.A-1 also plans to increase its fleet by adding 10 multi-excel vehicles and tankers, which will help the company's sales in the coming days. Its logistics revenue is also expected to see a significant boost.The company's shares were up nearly 5% in recent trade.
BOM:542012
