ALLCARGO.NSE Allcargo Logistics Ltd

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

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.

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