Mercantile Ports & Logistics Ltd (LON:MPL) insider Pavan Bakhshi acquired 246,153 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was bought at an average cost of GBX 8 ($0.11) per share, with a total value of £19,692.24 ($26,482.30).

Shares of Mercantile Ports & Logistics Ltd (MPL) opened at 8.75 on Friday. The firm’s market cap is GBX 33.60 million. The stock has a 50 day moving average price of GBX 6.28 and a 200 day moving average price of GBX 6.63. Mercantile Ports & Logistics Ltd has a 12-month low of GBX 3.75 and a 12-month high of GBX 13.00.

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Mercantile Ports & Logistics Company Profile

Mercantile Ports and Logistics Limited, formerly SKIL Ports & Logistics Limited, is a holding company. The Company develops, owns and operates port and logistics facilities. It is engaged in developing a port and logistics facility at Karanja Creek in the Raigad District of Maharashtra. It intends to develop and operate shallow draft ports or deep draft ports at other locations along the Indian coastline.

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