Mahindra Logistics rises 2% in trade on Wednesday, June 11, check why

Mahindra Logistics Ltd, one of India’s largest integrated logistics solutions providers, saw its shares climb by as much as 2.32% on Wednesday, June 11, 2025, reaching an intraday high of ₹354.95. As of 12:12 PM, the stock was trading 1.34% higher at ₹351.55 on the BSE, outperforming the Sensex, which was up 0.38% at 82,707.30.
The share price rose following the company's announcement of a major expansion in its logistics and supply chain management capabilities.

Mahindra Logistics inaugurated a state-of-the-art warehousing facility in Phaltan, Maharashtra an area rapidly emerging as a key industrial and manufacturing corridor.

This logistics chain management initiative is designed to strengthen operations for Cummins India by centralizing products from multiple sources into one efficient location. The new warehouse spans over 3 lakh square feet and serves as a dedicated logistics and distribution hub.

The facility’s strategic location near Pune provides direct access to major highways and industrial zones, significantly improving real-time logistics planning and supply chain visibility. Mahindra Logistics stated that the expansion would enhance Cummins India’s nationwide operations by enabling better demand forecasting in logistics and smoother inventory consolidation.