Allcargo Gati Ltd.

NSE: ACLGATI | BSE: 532345 | ISIN: INE152B01027 | Industry: Warehousing & Logistics
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Allcargo Gati Ltd.
20 Nov 2017
ICICI Securities Limited
Consolidated revenues for Q2FY18 were at two-year low levels of | 406 crore (down 5% YoY, QoQ). Express distribution and supply chain (EDSC) segment continued to de-grow for a fourth consecutive quarter at 8% YoY (down 5% QoQ) to | 333.3 crore (I-direct estimate: | 339.5 crore). The de-growth was moderated by 12% and 27% YoY growth in fuel and other sales, respectively E-commerce revenues de-grew 20% (down 12% QoQ) to | 37.5 crore, significantly lower than its historical quarterly run rate of | 40-50 crore....
Allcargo Gati Ltd. has an average target of 104.00 from 1 broker.
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