Allcargo Logistics Share Price

Allcargo Logistics Investment Rating

• Master Rating:

• Allcargo Logistics has an operating revenue of Rs. 22,620.08 Cr. on a trailing 12-month basis. An annual revenue growth of 91% is outstanding, Pre-tax margin of 6% is okay, ROE of 29% is exceptional. The company has a reasonable debt to equity of 31%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 20% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 74 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 31 indicates it belongs to a strong industry group of Transport-Air Freight and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.