ECU Worldwide, Allcargo Logistics' wholly-owned global subsidiary and a global leader in LCL consolidation, has appointed Jan Kleine-Lasthues as the Chief Operating Officer. In this role, Jan will oversee the global operational functions across all regions, driving operations excellence at ECU Worldwide.Powered by Capital Market - Live

The volumes have seen marginal growth as compared to last month. LCL volume witnessed marginal growth month on month in Latin America, Europe and Asia Pacific and was lower across other regions for the month. Container utilization had a marginal impact as compared to last month, which is in line with the volumes. However, it remained 3% higher over 12 months ago. The 40 feet container usage had a marginal impact as compared to last month, which is in line with the volumes. However, it remained 8% higher over 12 months ago. FCL volume for October 2024 stood at 57,000 TEUs, which is the highest ever. This represents a growth of 14% as compared to the last year and 7% as compared to previous month. FCL volume witnessed growth across all major regions. Air volume stood at 24.74 lakh kilos, down 22% as compared to the last year and 7% as compared to previous month. Air volume witnessed a decline in all major regions except Europe and Asia Pacific. Allcargo Logistics is an integrated logistics service provider and operates in multiple business segments ' multimodal transport operation (MTO), container freight station (CFS) / inland container depot (ICD), projects and engineering (P&E), contract logistics, and logistics parks (LPs) in which it has forayed recently. The company's consolidated net profit jumped 51.6% to Rs 33.11 crore on 30.1% increase in revenue from operations to Rs 4,301.09 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Net profit of Allcargo Logistics rose 51.60% to Rs 33.11 crore in the quarter ended September 2024 as against Rs 21.84 crore during the previous quarter ended September 2023. Sales rose 30.07% to Rs 4301.09 crore in the quarter ended September 2024 as against Rs 3306.86 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4301.093306.86 30 OPM %3.133.57 - PBDT121.40114.04 6 PBT14.657.35 99 NP33.1121.84 52 Powered by Capital Market - Live

Allcargo Logistics will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

Allcargo Logistics announced that the Board of Directors of the Company at its meeting held on 18 October 2024, has recommended a Interim dividend of Rs.1.10 per share (i.e.55%), subject to the approval of the shareholders.Powered by Capital Market - Live

Allcargo Logistics will hold a meeting of the Board of Directors of the Company on 18 October 2024.Powered by Capital Market - Live

Allcargo Logistics announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

Allcargo Logistics has fixed 18 September 2024 as record date for payment of final dividend for FY 2024. Powered by Capital Market - Live

Angel One Ltd, Vijaya Diagnostic Centre Ltd, KEI Industries Ltd, Aegis Logistics Ltd are among the other stocks to see a surge in volumes on NSE today, 20 August 2024.Allcargo Logistics Ltd saw volume of 573.71 lakh shares by 14:14 IST on NSE, a 33.89 fold spurt over two-week average daily volume of 16.93 lakh shares. The stock increased 9.43% to Rs.67.30. Volumes stood at 16 lakh shares in the last session.Angel One Ltd saw volume of 114.81 lakh shares by 14:14 IST on NSE, a 12.11 fold spurt over two-week average daily volume of 9.48 lakh shares. The stock increased 12.89% to Rs.2,643.00. Volumes stood at 41.88 lakh shares in the last session.Vijaya Diagnostic Centre Ltd registered volume of 25.32 lakh shares by 14:14 IST on NSE, a 10.91 fold spurt over two-week average daily volume of 2.32 lakh shares. The stock rose 7.54% to Rs.893.25. Volumes stood at 3.42 lakh shares in the last session.KEI Industries Ltd recorded volume of 12.22 lakh shares by 14:14 IST on NSE, a 9.71 times surge over two-week average daily volume of 1.26 lakh shares. The stock gained 8.33% to Rs.4,731.10. Volumes stood at 1.08 lakh shares in the last session.Aegis Logistics Ltd notched up volume of 17.74 lakh shares by 14:14 IST on NSE, a 7.31 fold spurt over two-week average daily volume of 2.43 lakh shares. The stock rose 3.91% to Rs.811.00. Volumes stood at 1.81 lakh shares in the last session.Powered by Capital Market - Live

The frontline indices traded in a narrow range with decent gains in early afternoon trade. The Nifty traded above the 24,700 level. Financial services shares advanced after declining in the past trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 466.19 points or 0.58% to 80,895.21. The Nifty 50 index gained 143.05 points or 0.58% to 24,715.70. In the broader market, the S&P BSE Mid-Cap index jumped 0.56% and the S&P BSE Small-Cap index rallied 0.24%. The market breadth was positive. On the BSE, 2,222 shares rose and 1,576 shares fell. A total of 128 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 2.16% to 14.01. The Nifty 29 August 2024 futures were trading at 24,733, at a premium of 17.30 points as compared with the spot at 24,715.70. The Nifty option chain for the 29 August 2024 expiry showed maximum Call OI of 38.7 lakh contracts at the 25,000 strike price. Maximum Put OI of 54.9 lakh contracts were seen at 24,000 strike price. Buzzing Index: The Nifty Financial Services index gained 1.25% to 23,208.95. The index shed 0.23% in the past trading session. SBI Life Insurance Company (up 3.05%), HDFC Life Insurance Company (up 2.82%), ICICI Lombard General Insurance Company (up 2.77%), Bajaj Finserv (up 2.62%), Shriram Finance (up 2.42%), REC (up 2.06%), Power Finance Corporation (up 2.05%), ICICI Prudential Life Insurance Company (up 2.04%), Cholamandalam Investment & Finance Company (up 1.98%) and HDFC Asset Management Company (up 1.84%) advanced. Stocks in Spotlight : Allcargo Logistics surged 8.89% after the company's LCL volume for the month of July 2024 stood at 818 lakh cubic meters (Cbm), registering the growthof 6% as compared with 773 lakh CbM in the month of June 2024. Hi-Tech Pipes rose 1.18% after the company announced that it has bagged orders for supplying ERW Steel Pipes, totaling of Rs 105 crore from key customers in the renewable energy sector.Powered by Capital Market - Live