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Allcargo Gati zooms on launching Surface Transhipment Centre and Distribution Warehouse at Mayasandra

24 Nov 2023 Evaluate

Allcargo Gati is currently trading at Rs. 137.60, up by 4.70 points or 3.54% from its previous closing of Rs. 132.90 on the BSE.

The scrip opened at Rs. 132.75 and has touched a high and low of Rs. 138.75 and Rs. 132.45 respectively. So far 123942 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 177.50 on 14-Sep-2023 and a 52 week low of Rs. 97.65 on 27-Mar-2023.

Last one week high and low of the scrip stood at Rs. 138.75 and Rs. 132.05 respectively. The current market cap of the company is Rs. 1782.95 crore.

The promoters holding in the company stood at 52.97%, while Institutions and Non-Institutions held 2.29% and 44.74% respectively.

Allcargo Gati (Formerly known as Gati) has launched a state-of-the-art and tech-enabled Surface Transhipment Centre and Distribution Warehouse (STCDW) at Mayasandra, Hobli, on the outskirts of Bengaluru, Karnataka. Strategically located at just 5.5 Km away from NH 44 (Bengaluru-Hosur Highway) at the border of Tamil Nadu and Karnataka, the STCDW is spread over 3.5 lakh sq. ft. and it has a 1.5 lakh sq. ft. Grade A warehouse. 

An upcoming Hosur outer Ring Road is just 1.5 Km away from the STCDW, offering superior accessibility and connectivity. Because of the proximity to railway and international airport, the strategic advantage significantly reduces transit time and enables businesses to deliver products faster to their customers. Mayasandra STCDW is the fifth super hub launched by Gati. Mayasandra STCDW has 70 truck bays of managing more than 500 vehicles per day. The Mayasandra STCDW is equipped to deliver daily throughput of 1600 tonne and monthly throughput of 40,000 tonnes. STCDW caters to multiple industries including automotive, apparel, heavy engineering, retail etc.

Allcargo Gati (Formerly known as Gati) is one of India’s premier Express Distribution companies. With a strong presence across Asia, including a nationwide network that covers 99% of the country's districts, Allcargo Gati’s unparalleled reach creates the unique advantage of covering every part of India.


Allcargo Gati-Amalga Share Price

66.08 0.00 (0.00%)
11-Nov-2025 16:59 View Price Chart
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