Arshiya Ltd, opened weak at Rs.10.40 but soon jumped up to hit its 5% UC of the day at Rs.11.13, with over 7k pending buy orders on the counter.

The company, an integrated supply chain and logistics infrastructure solutions provider, stated that it is ready to remove Container Congestion at JNPT and ICDs in Delhi NCR with transportation readiness and dedicated workforce.

Ajay Mittal, Chairman & Managing Director, Arshiya Ltd is confident that the situation can be tackled with strategic plans in place. He says, “Arshiya Ltd is equipped with state-of-the-art facilities to decongest the ports/ CFSs/ ICDs in West and North India. In National Interest, we will not be charging any Ground Rent for container storage and have spare capacity to store over 10,000 containers. Today, empty containers going back into circulation is a big problem and we have the right solution for the same through our The Free Trade and Warehousing Zones (FTWZs), allowing de-stuffing of import cargo. Together, we will win the war against COVID-19 sooner than later. Stay Safe and all the very best.”