Share Market: There are ups and downs in the stock market on Monday. The level of 23800 remains important for Nifty. There is resistance at the upper level and support at the lower level. Stock specific action is being seen amidst the market activities.

The share price of logistics company North Eastern Carrying Corporation Limited is seeing a rise on Monday. A rise of 11 percent is being seen in the share and this share has reached the day's highest level of Rs 36.75. The market cap of this company is Rs 359.75 crore.

North Eastern Carrying Corporation Limited (NECCL), established in the year 1984, is a leading transportation company in India. It is a logistics and freight transportation service provider.

With a network of over 250 branches and advanced ERP software, NECCL has a full range of transportation needs ranging from small parcels to large scale projects.

By adopting green logistics and advanced technology, NECC is establishing itself as a market leader ready to take on larger contracts while contributing to a more sustainable future for the logistics industry.

As per the quarterly results, the company reported net sales of Rs 8194 crore in Q2FY25, while net sales in Q2FY24 were Rs 73.84 crore, a growth of 11 percent. Net profit increased by 149.3 percent to Rs 2.87 crore in Q2FY25, compared to Rs 1.15 crore in Q2FY24.

Share Market. In its half-yearly results, net sales increased by 1.20 per cent to Rs 159.58 crore and net profit increased by 148 per cent to Rs 6.55 crore in H1FY25 compared to H1FY24.