Shares of Ritco Logistics Ltd (NSE:RITCO) declined 8.62% to ₹197.15, falling ₹18 during the day.

Company Overview

Ritco Logistics provides integrated logistics solutions including:

• freight transportation
• supply chain management
• warehousing
• multimodal logistics services

Financial Snapshot

FY25 results showed strong growth:

• Revenue: ₹1,190 crore (vs ₹937 crore previous year)
• Net profit: ₹40.6 crore
• EPS: ₹14.9

Q4 FY25 results:

• Revenue: ₹348 crore
• EBITDA: ₹28 crore
• PAT: ₹14 crore

Reasons for the Decline

Profit Booking

After a strong run, investors likely locked in gains.

Logistics Sector Volatility

Freight rates and fuel prices can influence sector sentiment.

Technical Analysis

Ritco Logistics Ltd. is trading around ₹197.15 on March 11, 2026, down 8.62% during the session. The stock remains below its 50-day moving average near ₹237.89, indicating softer short-term price momentum. The RSI around 37.33 suggests moderate momentum conditions. Overall, the stock’s price movement indicates a weak trend in the near term.

Key levels:

• Support: ₹195
• Next support: ₹185
• Resistance: ₹210
• Major resistance: ₹220

FAQ

Why did Ritco Logistics shares fall today?
Mostly profit booking after strong earnings and a recent rally.

Is the logistics sector growing in India?
Yes, driven by e-commerce and supply chain expansion.