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Espresso shot of the day – Allcargo Logistics Ltd up by 11.99 percent)

Espresso shot of the day – Allcargo Logistics Ltd up by 11.99 percent

June 25, 2021

ALLCARGO LOGISTICS LTD 160.60 (+11.99%) BSE – INE418H01029 | 25TH JUNE 2021


As the world’s LCL consolidation leader and India’s largest integrated logistics solutions provider, they are always at your service. Right from transporting your cargo across the globe, providing world-class Container Freight Station and Inland Container Depot facilities, enabling complex projects, providing high-quality equipment to building or leasing customised warehouses and optimising your supply chains, you can trust  with anything you need. Partner with them and experience the world of difference with otheir global network of more than 300 offices in over 160 countries, coupled with innovation and a passion for excellence. Reach out so we can collaborate, challenge limits and turn your business goals into successes.

Recent Drivers

  • On 24th June, 2021, Allcargo Logistics Ltd. reported quarterly net profit at Rs 53.71 crores in March 2021 up 3.19% from Rs 52.05 crores in March 2020.
  • On 24th June, 2021, Allcargo Logistics Ltd. reported net sales at Rs 3,349.31 crores in March 2021 up 79.02% from Rs. 1,870.96 crores in March 2020.
  • On 24th June, 2021, the board approved raising of funds upto Rs.1,000 crores by way of an issuance of Secured/Unsecured Non Convertible Debentures and/or Bonds on a private placement basis in one or more tranche(s) from time to time, subject to approval of the Members at the ensuing 28th Annual General Meeting of the Company.
  • On 28th May, 2021, Allcargo Logistics Ltd. and its subsidiary ECU Worldwide have set up an emergency response team to arrange charter aircraft, mobilise customs at origin and destination to fly in 6,000 oxygen cylinders from China in 8 chartered flights to ease the oxygen supply situation in the NCR region.
  • On 12th May, 2021, Allcargo Logistics Ltd. announced appointment of V S Parthasarathy and a Swiss national, Martin Mueller as independent directors on its board. Parthasarathy was till recently Group CFO and CIO of Mahindra & Mahindra while Mueller is a former partner at global consulting giant McKinsey.
  • On 22nd April, 2021, Allcargo Logistics Ltd. will immediately ship 500 oxygen concentrators by air from Singapore free of charge for the Maharashtra government following a plea from Public Health and Family Welfare Minister Rajesh Tope as the Western state battles a “very severe” second wave of the pandemic.
(Sources: The Hindu Business Line, Moneycontrol, BSEIndia, The Economic Times)


Technical Force*

  • S&P BSE500 month till date gain up by 2.42%
  • Traded on new 52-week-high value of 163.80
  • 3 months avg. volume of NSE: 8,33,151
  • Quantity traded: 6,40,117 | Deliverable quantity: 1,67,239 (26.13%)
  • Stock price has jumped more than 100% from one year low level: 78.00 (June 29, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 163.80 | 52-week-low: 78.00

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

279.08

217.12

175.43

113.47

71.78

9.82

-

-

Fibonacci Pivot

217.12

177.52

153.06

137.31

113.47

89.63

73.87

49.41

9.82


Today’s Close

160.60

SMA

BSE

10 DAY

144.83

20 DAY

140.68

50 DAY

132.41

200 DAY

128.55


Some Key Ratios (Source: BSE)

Market Cap: 3,945.87 crores

PE: 18.41

OPM%: 6.80

ROE%: 11.89

Promoters holding%: 70.01

Prev. Close: 143.40

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.