Mercantile Ports & Logistics Limited (MPL.L)
Mercantile Ports & Logistics Limited operates in the Marine Shipping industry of the Industrials sector, headquartered in Saint Peter Port, GU, GG. The stock last traded at $1.70, up 6.25% on the session, giving a market capitalisation of $6.1M. Its beta of 0.47 implies it has historically moved less than the broad market.
Mercantile Ports & Logistics Limited (MPL) is an enterprise primarily focused on India, where it develops, owns, and manages port and logistics infrastructure through its subsidiaries. A significant project for the company involves the ongoing construction of a substantial port and logistics complex at Karanja Creek, situated in Maharashtra's Raigad District. This extensive site spans approximately 200 acres and benefits from a considerable 1,000-meter sea frontage. Beyond development, MPL also delivers comprehensive port operational services. These offerings encompass critical functions such as cargo handling, secure warehousing solutions, and a broad spectrum of other auxiliary port and logistics support services. The firm was previously known as SKIL Ports & Logistics Limited before adopting its current name, Mercantile Ports & Logistics Limited, in November 2016. Established in 2010, the company maintains its corporate headquarters in Saint Peter Port, Guernsey.
Mercantile Ports & Logistics Limited is most often compared with the following Industrials names: