scorecardresearchAllcargo Logistics: Stock surges 67% from June mid-lows, Up 322% in the last 3 years

Allcargo Logistics: Stock surges 67% from June mid-lows, Up 322% in the last 3 years

Updated: 02 Nov 2022, 11:11 AM IST
TL;DR.
Allcargo Logistics is a small-cap stock with a market capitalization of over Rs. 10,472.8 crore. Despite macroeconomic headwinds from the Ukraine war, inflation and a slowdown in demand. The company has managed to post a robust performance in the June-ending quarter.
According to Statista, the size of the Indian logistics market was around 250 billion U.S. dollars in the financial year 2021. This market is expected to grow to 380 billion U.S. dollars by 2025, at a compound annual growth rate of 10 to 12%.

According to Statista, the size of the Indian logistics market was around 250 billion U.S. dollars in the financial year 2021. This market is expected to grow to 380 billion U.S. dollars by 2025, at a compound annual growth rate of 10 to 12%.