Live Breaking News & Updates on Allcargo Logistics News
Stay updated with breaking news from Allcargo logistics news. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Allcargo Logistics share price: The stock surged 13.85 per cent to hit a day high of Rs 85.40 in Tuesday's trade. At today's high price, the scrip was down 12.59 per cent from its record high value of Rs 97.70, a level seen earlier this year on January 2 when it traded ex-bonus in a 3:1 ratio. ....
The restructuring started with selling its non-core assets, progressed to giving exits to its partners and acquiring their stakes in business and has culminated with this demerger. The Allcargo Group will now have four listed entities Allcargo ECU, Allcargo Logistics (that will include the express business after it acquired Gati) apart from Allcargo Terminals and Transindia Real Estate, in each of which its promoters own 70%. ....