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Allcargo Logistics surges on incorporating new wholly owned subsidiary Allcargo Logistics is currently trading at Rs. 272.65, up by 5.80 points or 2.17% from its previous closing of Rs. 266.85 on the BSE. The scrip opened at Rs. 267.20 and has touched a high and low of Rs. 274.00 and Rs. 267.20 respectively. So far 22789 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.85 on 14-Nov-2022 and a 52 week low of Rs. 256.05 on 18-Apr-2023. Last one week high and low of the scrip stood...
Allcargo Logistics surges on incorporating new wholly owned subsidiary
Allcargo Logistics surges on incorporating new wholly owned subsidiary
Source: Accord Fintech
23/08/2023 10:47:59 AM
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited Allcargo Terminals Limited (ATL) (NSE: ATL) and (BSE: 543954), an independent entity demerged from Allcargo Logistics Limited, has successfully listed its shares on the National Stock Exchange (NSE) & Bombay Stock Exchange (BSE) under the ticker symbol "ATL". Specialists in Container Freight Stations (CFS) and Inland Container Depots (ICD), ATL is open for trading on the stock exchange, marking a new chapter in its growth story.   Shashi Kiran shetty, founder & ch...
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited
Allcargo Terminals Limited Starts Trading on NSE and BSE after Demerger from Allcargo Logistics Limited
Source: Accord Fintech
10/08/2023 3:45:00 PM
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary Allcargo Logistics limited, a part of The Allcargo Group and a global leader in multimodal logistics solutions, has completed acquisition of 1.50 lakh shares, or 30 percent stake, in Gati-Kintetsu Express (GKEPL) for Rs 406.71 crore. Allcargo’s subsidiary, Gati already holds 70% stake in GKEPL, which is a leading express logistics player in India, with presence in Surface express distribution, Air express distribution and Supply chain management solutions. The deal includes purchas...
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Allcargo Logistics completes acquisition of 30% stake from KWE in Gati subsidiary
Source: PR Agency
9/06/2023 5:46:38 PM
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express Allcargo Logistics is currently trading at Rs. 357.80, up by 11.40 points or 3.29% from its previous closing of Rs. 346.40 on the BSE. The scrip opened at Rs. 355.45 and has touched a high and low of Rs. 362.65 and Rs. 347.80 respectively. So far 4007 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.85 on 14-Nov-2022 and a 52 week low of Rs. 249.50 on 20-Jun-2022. Last one week high and low of the scrip stood...
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express
Allcargo Logistics surges on inking pact to acquire 30% stake in Gati-Kintetsu Express
Source: Accord Fintech
28/03/2023 10:09:58 AM
Allcargo Logistics jumps after its arm inks pact to acquire 100% stake in Asiapac Equity Investment Allcargo Logistics is currently trading at Rs. 409.30, up by 6.50 points or 1.61% from its previous closing of Rs. 402.80 on the BSE. The scrip opened at Rs. 406.90 and has touched a high and low of Rs. 417.00 and Rs. 406.00 respectively. So far 20589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.85 on 14-Nov-2022 and a 52 week low of Rs. 249.50 on 20-Jun-2022. Last one week high and low of the scrip stood...
Allcargo Logistics jumps after its arm inks pact to acquire 100% stake in Asiapac Equity Investment
Allcargo Logistics jumps after its arm inks pact to acquire 100% stake in Asiapac Equity Investment
Source: Accord Fintech
4/01/2023 1:59:18 PM
Stock of the week : Allcargo Logistics Ltd For Target Rs.528 - GEPL Capital Allcargo Logistics Limited is the global leader in LCL consolidation and India’s first and largest integrated logistics solutions provider, in the private sector. It creates services that are innovative and adaptable towards the supply chain needs. The company designs special logistics solutions for challenging projects at the most difficult and unreachable terrains, with the use of its high end expertise such as portable bridges, pontoon ferries Investment Rationale * Integrated ...
Stock of the week : Allcargo Logistics Ltd For Target Rs.528 - GEPL Capital
Stock of the week : Allcargo Logistics Ltd For Target Rs.528 - GEPL Capital
Source: GEPL Capital Ltd
14/11/2022 10:58:27 AM
Allcargo Logistics Q1 revenue up 65% YoY, Q1 EBITDA doubles YoY to Rs.434 Cr Mumbai : The Board of Directors of Allcargo Logistics Ltd, at its meeting held today, approved the financial results for the quarter ended June 30th, 2022. Summary of Consolidated results Q1FY23 compared to Q1FY22                                                                                &...
Allcargo Logistics Q1 revenue up 65% YoY, Q1 EBITDA doubles YoY to Rs.434 Cr
Allcargo Logistics Q1 revenue up 65% YoY, Q1 EBITDA doubles YoY to Rs.434 Cr
Source: PR Agency
11/08/2022 12:36:19 PM
Allcargo Logistics Q4 net profit zooms 203.73% at Rs 42.37 cr The company reported standalone net profit of Rs 42.37 crore for the quarter ended March 31, 2022 as compared to Rs 13.95 crore in the same period last year, registering a year-on-year growth of 203.73 per cent. Net revenue of the company rose substantially by 55.15 per cent at Rs 1,081.60 crore in January-March quarter of this fiscal as against Rs 697.11 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 55.85 per cent to Rs 1,025.20...
Allcargo Logistics Q4 net profit zooms 203.73% at Rs 42.37 cr
Allcargo Logistics Q4 net profit zooms 203.73% at Rs 42.37 cr
Source: Dion Global Solutions Ltd
27/05/2022 12:28:56 PM
Allcargo Logistics jumps on reporting many fold jumps in Q3 consolidated net profit Allcargo Logistics is currently trading at Rs. 362.15, up by 4.05 points or 1.13% from its previous closing of Rs. 358.10 on the BSE. The scrip opened at Rs. 382.00 and has touched a high and low of Rs. 382.45 and Rs. 361.10 respectively. So far 113078 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 412.00 on 04-Jan-2022 and a 52 week low of Rs. 121.25 on 19-Apr-2021. Last one week high and low of the scrip stoo...
Allcargo Logistics jumps on reporting many fold jumps in Q3 consolidated net profit
Allcargo Logistics jumps on reporting many fold jumps in Q3 consolidated net profit
Source: Accord Fintech
14/02/2022 12:19:52 PM
Shreeji Translogistics touches roof on planning to expand cargo, logistics Business Shreeji Translogistics is currently trading at its upper circuit limit of Rs. 133.55, up by 6.35 points or 4.99% from its previous closing of Rs. 127.20 on the BSE. The scrip opened at Rs. 123.00 and has touched a high and low of Rs. 133.55 and Rs. 123.00 respectively. So far 18000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 133.55 on 14-Dec-2021 and a 52 week low of Rs. 32.00 on 16-Dec-2020. Last one week ...
Shreeji Translogistics touches roof on planning to expand cargo, logistics Business
Shreeji Translogistics touches roof on planning to expand cargo, logistics Business
Source: Accord Fintech
14/12/2021 12:45:11 PM
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec KUALA LUMPUR - AirAsia Group Bhd's logistics arm Teleport is aiming to expand its fleet of cargo planes but that may not involve tapping into its parent's large order for Airbus SE A321neos, Teleport's chief executive said on Monday. In an interview with Reuters, Pete Chareonwongsak backed away from comments he made last week that Teleport would look to convert a "meaningful chunk" of AirAsia's orders for 362 A321neo passenger planes to a potential newly buil...
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec
Source: Reuters
8/11/2021 3:32:03 PM
Key News - State Bank of India Ltd, Logistics, Bharti Airtel Ltd, Allcargo Logistics Ltd, Bayer CropScience Ltd By ARETE Securities Key News SBI Q2: Analysts peg NII growth at 5% YoY, profit may increase up to 100% SBI Q2 preview: India's biggest state-owned lender State Bank of India (SBI) is set to report its July-September quarter (Q2FY22) earnings on Wednesday, November 3, and most brokerages are extremely bullish on the lender’s net profit for the quarter. Domestic brokerage Prabhudas Lilladher, for instance, expects the lender’s profit after tax (PAT) to more-than-double, or surge 102.5 per ce...
Key News - State Bank of India Ltd, Logistics, Bharti Airtel Ltd, Allcargo Logistics Ltd, Bayer CropScience Ltd By ARETE Securities
Key News - State Bank of India Ltd, Logistics, Bharti Airtel Ltd, Allcargo Logistics Ltd, Bayer CropScience Ltd By ARETE Securities
Source: Axis Securities Ltd
3/11/2021 9:17:53 AM
Hold Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities Blackstone deal highlights from FY21 annual report Allcargo (AGLL) has, in FY20, entered into an agreement with Blackstone real estate Asia urban (BRE) to transfer 90% stake in its portfolio of 5 mn sq.ft. (executed arrangement with 6 subsidiaries till date) on completed and leased basis, along with additional greenfield development projects. Investment made by BRE thus far is Rs3.37bn (same as FY20, with ~ Rs89.3mn as equity). In FY21 AGLL has received Rs605mn from Madanhatti Logistics...
Hold Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities
Hold Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities
Source: ICICI Securities
18/10/2021 10:55:03 AM
Add Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities MTO business drives earning upgrades Allcargo Logistics’ (AGLL) posted an impressive Q1FY22 EBITDA of Rs2.17bn (ISec Rs1.56bn). We downgrade AGLL to ADD from BUY with a revised target of Rs233 (Rs189 earlier). Turnaround in Gati (subsidiary of AGLL) operations can accrue significant value to AGLL. The management appears to be on the right track in Gati to i) delever through divestment of non-core assets and ii) bring about operational improvements to increase ‘express’ s...
Add Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities
Add Allcargo Logistics Ltd For Target Rs.233 - ICICI Securities
Source: ICICI Securities Ltd
19/08/2021 12:00:00 PM
Allcargo Logistics Q1 net profit zooms 163.73% at Rs 249.62 cr The company reported standalone net profit of Rs 249.62 crore for the quarter ended June 30, 2021 as compared to Rs 94.65 crore in the same period last year, registering a year-on-year growth of 163.73 per cent. Net revenue of the company rose substantially by 87.11 per cent at Rs 701.56 crore in April-June quarter of this fiscal as against Rs 374.95 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 102.63 per cent to Rs 629.51 crore fr...
Allcargo Logistics Q1 net profit zooms 163.73% at Rs 249.62 cr
Allcargo Logistics Q1 net profit zooms 163.73% at Rs 249.62 cr
Source: Dion Global Solutions Ltd
14/08/2021 9:47:03 AM
Buy Allcargo Logistics Ltd For Target Rs. 189 - ICICI Securities Investment thesis backed by ‘Gati’ turnaround Allcargo Logistics’ (AGLL) posted an impressive Q4FY21 EBITDA of Rs2.2bn (ISec Rs1.7bn). We upgrade AGLL to BUY from Hold with a revised target of Rs189 (Rs131 earlier). Turnaround in Gati (subsidiary of AGLL) operations can accrue significant value to AGLL. The management appears to be on the right track in Gati to i) delever through divestment of non-core assets and ii) bring about operational improvements to increase &lsquo...
Buy Allcargo Logistics Ltd For Target Rs. 189 - ICICI Securities
Buy Allcargo Logistics Ltd For Target Rs. 189 - ICICI Securities
Source: ICICI Securities
19/07/2021 11:07:30 AM
Hold Allcargo Logistics Ltd For Target Rs.126 - ICICI Securities Meaningful improvement in Gati operations Operational improvement in Gati operations remains the key takeaway from Allcargo Logistics’ (AGLL) Q2FY21 result, and the same led to an operational beat. While recovery is visible in MTO segment, project and engineering business is yet to see pre-Covid volumes. CFS and ICD business has seen improvement in EBIT on the back of cost reduction and increase in ground rent despite lower volumes. Management has reiterated its intent to stay asset...
Hold Allcargo Logistics Ltd For Target Rs.126 - ICICI Securities
Hold Allcargo Logistics Ltd For Target Rs.126 - ICICI Securities
Source: ICICI Securities Ltd
21/01/2021 10:43:38 AM