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Allcargo Terminals gains on completing acquisition of 15% shares in SML

17 Apr 2025 Evaluate

Allcargo Terminals is currently trading at Rs. 25.51, up by 0.30 points or 1.19% from its previous closing of Rs. 25.21 on the BSE.

The scrip opened at Rs. 25.06 and has touched a high and low of Rs. 25.58 and Rs. 24.66 respectively. So far 14142 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 61.08 on 18-Apr-2024 and a 52 week low of Rs. 19.61 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 25.58 and Rs. 23.31 respectively. The current market cap of the company is Rs. 628.49 crore.

The promoters holding in the company stood at 65.82%, while Public held 34.18% stake in the company.

Allcargo Terminals has completed acquisition of 40,80,000 (15%) Shares of Speedy Multimodes (SML) on April 16, 2025. Pursuant to the aforementioned acquisition, SML became a wholly owned subsidiary of the Company.  On March 10, 2025, the company had executed a Share Purchase Agreement (SPA) to acquire shares of Speedy Multimodes.  

Allcargo Terminals is engaged in the business of operating Container Freight Stations.

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