Allcargo Logistics is currently trading at Rs. 97.75, up by 8.00 points or 8.91% from its previous closing of Rs. 89.75 on the BSE.
The scrip opened at Rs. 90.80 and has touched a high and low of Rs. 101.50 and Rs. 87.05 respectively. So far 15,621 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 151.75 on 22-Feb-2013 and a 52 week low of Rs. 60.00 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 90.95 and Rs. 83.00 respectively. The current market cap of the company is Rs. 1,235 crore.
The promoters holding in the company stood at 72.09% while Institutions and Non-Institutions held 10.95% and 16.96% respectively.
Allcargo Logistics’ step down wholly owned subsidiary company Ecuhold NV has acquired 100% stake in United States based Logistic company Econocaribe Consolidators.
Ecu Line offices has been working since last 6 years in the United States, engaging Econocaribe Consolidates as its agent. This acquisition now enables Ecu Line to complete its service offerings, both in terms of global capabilities and coverage, the acquisition also increases Ecu Line's foot hold in the US market, which will facilitate growth into and out of US market and rest of the world being the largest economy in the world.
Econocaribe Consolidates, is the third largest Less then Container Load (LCL) consolidate (NVOCC) in the United States. With its headquarters in Miami, Florida, Econocaribe Consolidates has 9 offices in the United States and 22 receiving terminals throughout the United States and Canada, as well as partners across the world, Econocaribe Consolidators specializes in freight consolidation and Full Container Load (FCL) services to Latin America, the Caribbean, Europe, the Mediterranean, the Middle East Africa and Asia. They also offer import LCL/FCL transportation services from around the world into the United States and Puerto Rico.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 52.53 |
| TVS Supply Chain Sol | 180.50 |
| Container Corp | 770.15 |
| Mahindra Logistics | 390.10 |
| Transport Corp. | 1080.80 |
| View more.. | |
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