Sical Logistics has been awarded with a Letter of Acceptance on November 27, 2018 by Mahanadi Coalfields for Extraction of coal / coal measure strata and allied transportation activities at Hingula OCP, Hingula Area for a contract price of Rs 3.63 billion [including GST] for extraction of 16.20 million Cu.M over a period of 3 years.

The stock had underperformed the market over the past one month till Nov. 28, 2018, rising 1.97% compared with the Sensex's 7.10% rise. It underperformed the market in past one quarter, declining 9.02% as against 8.17% fall in the Sensex.

Shares of the company gained Rs 7.05, or 4.65%, to trade at Rs 158.60. The total volume of shares traded was 9,354 at the BSE (10.08 a.m., Thursday).