Support and Resistance Levels
Past performance
About DRS Dilip Roadlines Ltd DRS Dilip Roadlines Limited, incorporated in 2009 and converted to a public entity in 2018, specializes in logistics services, including transportation, packing & moving, and warehousing. Operating a fleet of 327 trucks and capable of hiring an additional 649 vehicles, the company provides Full Truck Load (FTL) services using diverse closed container trucks to accommodate various consignments. The packing and moving segment operates under the brand "Agarwal Packers and Movers," though the brand is not owned by the company and is subject to a dispute over trademark rights.
The company pioneered the CHAPP VAN, a composite container vehicle recognized by Limca Books of Records, for specialized household relocations. DRS Dilip Roadlines owns and leases warehouses in South India to major corporates. It expanded through mergers and acquisitions, including DRS Warehousing and DRS Cargo Movers. In 2023, the Warehouse Division was demerged into DRS Cargo Movers Limited, enhancing its logistics and warehousing capabilities. The company raised Rs.31.5 Crores through an IPO in November 2018, reflecting its growth strategy.