FIIs buy 2% stake in Allcargo Logistics

02 Jul 2014 Evaluate

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.

 

Allcargo Logistics Share Price

71.62 -1.23 (-1.69%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Allcargo Logistics 71.62
TVS Supply Chain Sol 154.50
Container Corp 882.20
Mahindra Logistics 409.70
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