Tag «Allcargo Logistics»

HDFC Securities recommends BUY on Allcargo Logistics

HDFC Securities has released a Stock Note on Allcargo Logistics Ltd. At the CMP of Rs 355, they have recommended a BUY on the stock and add on declines with sequential targets of Rs 426 and Rs 469. Allcargo Logistics Ltd. (Allcargo), part of the Avvashya Group, is a leading logistics services player providing integrated …

SBICaps maintains BUY on Allcargo Logistics (TP: Rs 288)

Stellar performance; maintain BUY   Maintain Buy, TP of Rs288: We believe, recovery in global trade would benefit the MTO and CFS business of AGL as it is the world’s largest less-than-container (LCL) consolidator. We are confident about AGL’s ability to maintain its MTO volumes, further supporting the growth through higher margin CFS business. At …

Allcargo Logistics Q4 & FY14 Results

CONSOLIDATED REVENUE FROM OPERATIONS FOR THE YEAR AT Rs 4,851 CRORE – YOY INCREASE OF 24%   84% OF REVENUE FROM GLOBAL MTO BUSINESS   CONSOLIDATED EBIT AT Rs    287 CRORE – YOY INCREASE OF 17%,   NETWORTH OF Rs 1,793 CRORE – YOY INCREASE OF 13%   BOARD RECOMMENDS DIVIDEND AT 75% i.e. RS …