Our First stock in Trade The Flag - Allcargo
Allcargo Logistics is a leading multinational Company engaged in providing integrated logistics solutions and offers specialized logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations and project and engineering solutions.
The company has a healthy dividend payout record.
Net profit has increased to the tune of approximately 239% over last financial year.
As compared to sales ending in Q1, sales increased by 1529 in Q2 and with improving conditions post covid-19 scenario:
Expected revenue growth of 33.53% for next year
Expected earnings growth of 54.32% for next year
Hopefully with another stellar performance in the coming half of the year we can see the price rising to 500 levels.
The price has already made an all time high and since has been moving in a sideways zone a break out above suggested levels would definitely take the price soaring high.