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Allcargo Logistics exits ship-owning, coastal shipping business: Report

07 Jun 2019

Allcargo Logistics has reportedly exited the ship-owning and coastal shipping business by selling the last vessel in a fleet of five ships. The growth in coastal bulk shipping has remained slow. Consequently, the segment did not contribute significantly in line with company’s outlook through the last seven years.

Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.

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Allcargo Logistics Share Price

148.20 0.25 (0.17%) Jun 23, 18:01
1 Year Price Chart
Peers
Company Name CMP
Allcargo Logistics 148.20
Aegis Logistics 349.95
Container Corp 698.50
Mahindra Logistics 575.70
Transport Corp. 423.40
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Sensex vs Allcargo Logistics
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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