FIIs buy 2% stake in Allcargo Logistics

02 Jul 2014

Orange Mauritius Investments has bought stake of around 2% in Allcargo Logistics for Rs 61 crore though open market. The overseas investor has purchased 2.49 million shares representing 1.98% stake of the company at a price of Rs 244.97 per share.

Meanwhile, Shashi Kiran Shetty, the promoter of the company, has sold 3 million shares of the company at a price of Rs 245 per share.

Allcargo Logistics is a leading multinational company providing integrated logistics solutions. The organization offers specialized logistics services across Multimodal Transport Operations, Container Freight Station Operations and Project & Engineering Solutions.


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Allcargo Logistics Share Price

128.55 -2.30 (-1.76%) Feb 26, 16:25
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Allcargo Logistics 128.55
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323