Allcargo Logistics Ltd’s revenue during the June 2023 quarter falls a steep 40 per cent at Rs 3,271 crore as against Rs 5,474 crore in Q1FY23

Allcargo Logistics Q1 Profit at Rs 119 Crore - News18

Allcargo Logistics Update On Listing Of Shares Of Transindia Real Estate Limited. What is future plan of the company? What will be the future strategy after listing. Listen in more from Suresh Kumar, MD of Allcargo terminals

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Allcargo Logistics Listing Of Shares | Whats Future Plan ? | Suresh Kumar | Business News

The brokerage firm, which retained ‘bu’ call, noted that the management is focussed on cementing its leadership position in the global Less than-Container-Load (LCL) market and further gaining market share.

Allcargo Logistics gains 5% even after Jefferies slashes target price

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Stocks to watch on June 12, 2023

Allcargo Logistics acquires 30% stake in Gati-Kintetsu Express for ₹406 crore

Allcargo Logistics has acquired an additional 30% stake in Gati-Kintetsu Express, buying 150,000 shares for Rs 406.71 crore ($54.3m). This now gives the firm full control over the Indian express logistics company, after Allcargo’s subsidiary, Gati, purchased a 70% stake.

Allcargo Logistics closes 30% stake purchase from KWE in Gati subsidiary

Gati-Kintetsu Express: With the conclusion of this deal, Allcargo, along with Gati, now holds 100 per cent stakes in GKEPL and assumes complete control

Allcargo Logistics completes acquisition of 30% stake in Gati subsidiary

Allcargo Logistics’ group is planning over ₹1,000 crore of investments by its recently demerged subsidiaries Allcargo Terminals and TransIndia Real Estate, both of which will also be listed on the bourses

Allcargo Logistics’ two demerged units to invest over ₹1,000 crore on expansion

“This transaction will result in significant cash proceeds and provide for growth plans of the company, formerly known as Transindia Realty & Logistics Parks Limited,” it said

TransIndia Blackstone Deal: Allcargo Logistics arm to sell stake in logistics parks to Blackstone

During the board meeting, the company discussed and approved a proposal to sell a portion of their ownership in certain locations, namely Malur, Venkatapura, Kalina, Panvel, ALIPPL, and their wholly-owned subsidiary Allcargo Multimodal.

Allcargo Logistics gains 3% on demerged entity’s plan to sell stake to Blackstone

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Allcargo Logistics Limited is engaged in providing integrated logistics solutions.