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Stock Radar: Power Grid, Nykaa, Gland Pharma, Go Digit, Granules India in focus on Thursday

ITC, InterGlobe Aviation, Honasa Consumer, Bayer Cropscience, Cello World, CESC, Concord Biotech, Finolex Cables, Page Industries, Tata Investment Corporation, and Zaggle Prepaid Ocean Services will release March quarter earnings on May 23.

Foreign investors brave smallcap corrections, raise stakes in March quarter

FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding

Investors finding value in high dividend yielding small caps?

Gulf Oil Lubricant shares were up by more than five percent, Allcargo Logistics shares gained by more than two percent while Banco Products shares strengthened by more than one percent on March 21 trading session.  All these smallcap stocks are high dividend yielding stocks.

Allcargo Logistics falls 5% after Q3 net profit declines 88% on poor revenue

According to the company, the Q3FY24 financials were impacted by significant losses incurred in select markets in US and Germany and both offices.

Allcargo Logistics Ltd. engages in the business of providing integrated logistics solutions. It operates through the following segments: Multimodal Transport Operation (MTO), Container Freight Stations and Inland Container Depot (CFS & ICD), Project and Engineering Solutions (P&E), and Logistics Park. The MTO segment includes the movement of cargo, domestically and internationally through modes of transportation like air, ocean, road, and rail. The CFS & ICD segment manages network of freight stations and inland container depot. The P&E segment consists of equipment leasing, project transportation services, and shipping. The Logistics Park segment focuses on asset light strategy by moving assets to SPVs. The company was founded by Shashi Kiran Janardhan Shetty on August 18, 1993 and is headquartered in Mumbai, India.

Allcargo Logistics Ltd

Volume	1.51M
52-Wk High	98.00
52-Wk Low	59.30

ALLCARGO.NSE Allcargo Logistics Ltd

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