Sical Logistics shares traded firm in early action after the company received regulatory approval to commence commercial operations at its newly developed Gati Shakti Cargo Terminal in Tamil Nadu. The stock opened at Rs.96.85 and touched an intraday high of Rs.98.62, trading around Rs.96–97 levels, compared with a largely flat broader market. The counter has now gained traction after weeks of range-bound movement, even as it remains significantly below its 52-week high of Rs.161.10.

The buying interest was triggered by Southern Railway’s approval for commissioning the terminal at Anuppampattu near Ponneri, developed by its subsidiary Sical Multimodal and Rail Transport. This facility, part of the Government’s Gati Shakti infrastructure push, strengthens Sical’s rail-linked cargo handling capabilities and positions it to benefit from rising freight movement and modal shift towards integrated rail-road logistics. While financial contribution will be gradual, the operational start signals improved asset utilisation from FY26 onwards.

From a strategic perspective, the development aligns with Sical’s broader transition from traditional port services to infrastructure-backed multimodal logistics. With investments in container terminals, freight stations and rail connectivity, the company is attempting to build a more stable revenue base amid a competitive and capital-intensive logistics environment. However, execution efficiency and consistency in cargo volumes will remain key monitorables.

At current levels, the stock continues to trade well below its historical peak, highlighting that while near-term sentiment has improved, sustained re-rating will depend on throughput visibility, operating leverage and balance sheet discipline. The commissioning of the terminal is seen as a positive structural step, though investors are likely to track the pace at which this facility contributes meaningfully to earnings over the next few quarters.