The brokerage said that the recent GST cuts across products, aimed at boosting consumption, should support volumes for logistics players like VRL. However, it expects VRL to prioritise maintaining high margins despite a slowdown in volume growth.
The brokerage said that the recent GST cuts across products, aimed at boosting consumption, should support volumes for logistics players like VRL. However, it expects VRL to prioritise maintaining high margins despite a slowdown in volume growth.