Allcargo Logistics spurts on partnering with DBS Singapore Slammers as its ‘Logistics Partner’

09 Dec 2014 Evaluate

Allcargo Logistics is currently trading at Rs. 310.35, up by 5.05 points or 1.65 % from its previous closing of Rs. 305.30 on the BSE.

The scrip opened at Rs. 306.00 and has touched a high and low of Rs. 316.90 and Rs. 305.50 respectively. So far 9498 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 357.90 on 17-Nov-2014 and a 52 week low of Rs. 104.00 on 09-Dec-2013.

Last one week high and low of the scrip stood at Rs. 328.00 and Rs. 297.30 respectively. The current market cap of the company is Rs. 3908.11 crore.

The promoters holding in the company stood at 69.92 % while Institutions and Non-Institutions held 12.97 % and 17.11 % respectively.

Allcargo Logistics, part of the Avvashya Group, has partnered with DBS Singapore Slammers as its ‘Logistics Partner’ for the International Premier Tennis League (IPTL), the world's first-of-its-kind fast-paced tennis championship. IPTL kicked off with the inaugural matches in Manila (Philippines).

The DBS Singapore Slammers team comprises former and current tennis champions such as Serena Williams, Andre Agassi, Lleyton Hewitt, Patrick Rafter, Daniela Hantuchova, Tomas Berdych, Bruno Soares and Nick Kyrgios. Allcargo Logistics is also the co-owner of the team, the other owners being Sunil Gavaskar, former cricketing legend, Ajay Sethi and Kishan Gehlot.

With the group’s global presence in over 90 countries, this partnership with DBS Singapore Slammers has given the organization a multinational platform through sport, to showcase their corporate brands Allcargo Logistics and ECU-LINE.

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

65.04 -0.15 (-0.23%)
11-Jun-2024 16:01 View Price Chart
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Allcargo Logistics 65.04
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