Allcargo’s strong Q4 show, robust prospects may raise delisting cost Synopsis

July 05 , 2021

Source: Economict Times

Analysts have upgraded price targets for Allcargo Logistics by over 30% from the current stock price of Rs 153.8 following the company’s stellar March 2021 quarter performance and focus on reducing debt by selling non-core businesses. While this presents a buying opportunity for investors, it may in fact make the promoter group’s delisting plan more expensive.

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