Latest news with #AllcargoGati
Hans India
a day ago
- Business
- Hans India
All cargo Gati launches 24-hr air delivery service to 8 cities
Mumbai Logistics and supply chain firm Allcargo Gati Ltd on Tuesday announced expanding its direct air services with the launch of 24-hour air delivery service to eight key metro cities. Backed by connectivity to 34 commercial airports nationwide, Allcargo Gati's Air Express service supports high-volume logistics needs across sectors like pharmaceuticals, electronics, garments, automobile and retail, the company said. The air express service, which has been rolled out for Mumbai, Pune, Kolkata, Delhi, Bengaluru, Chennai, Ahmedabad, and Hyderabad, offers late cut-off times, late pickups and next-day delivery options, it said. Earlier this year, Allcargo Gati had launched direct air services to Varanasi and Imphal, thereby connecting tier-2 cities to the national supply chain grid. The inclusion of these eight new routes, will further strengthen the company's network, making it more robust, Allcargo Gati said.
Time of India
2 days ago
- Business
- Time of India
Logistics firm Allcargo Gati launches 24-hour air delivery service to 8 cities
Logistics and supply chain firm Allcargo Gati Ltd on Tuesday announced expanding its direct air services with the launch of 24-hour air delivery service to eight key metro cities . Backed by connectivity to 34 commercial airports nationwide, Allcargo Gati's Air Express service supports high-volume logistics needs across sectors like pharmaceuticals, electronics, garments, automobile and retail, the company said. The air express service, which has been rolled out for Mumbai, Pune, Kolkata, Delhi, Bengaluru, Chennai, Ahmedabad, and Hyderabad, offers late cut-off times, late pickups and next-day delivery options , it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New mobile air conditioner requires no installation (search now) Air Condition | Search Ads Search Now Undo Earlier this year, Allcargo Gati had launched direct air services to Varanasi and Imphal, thereby connecting tier-2 cities to the national supply chain grid. The inclusion of these eight new routes, will further strengthen the company's network, making it more robust, Allcargo Gati said. Live Events "The expansion of our Air Express service to eight key metro cities empowers businesses with the ability to move critical shipments within 24 hours, ensuring we stay ahead of customer expectations. This strategic enhancement strengthens our position as a trusted logistics partner for time-sensitive sectors like pharmaceuticals, electronics and e-commerce," Mayank Dwivedi, National Sales Head at Allcargo Gati, said.
Mint
06-05-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 6 April 2025
Stocks to buy under ₹ 100: Following strong global market sentiments on falling crude oil prices, two out of the three key benchmark indices of the Indian stock market ended higher on Monday. The Nifty 50 index finished 114 points higher at 24,461; the BSE Sensex ended 294 points higher at 80,796. However, the Bank Nifty index shed 195 points and closed at 54,919. The NSE cash market trading volumes were 11% lower than last Friday. The mid-cap and smallcap segments displayed notable outperformance compared to the benchmark indices. The Nifty Midcap 100 Index soared by 1.81%, while the Nifty Smallcap 100 Index ended with gains of 1.02%. Market breadth turned positive after six sessions of declines, with the BSE advance-decline ratio registering a strong 1.76, the highest since April 21, 2025. Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to continue its consolidation with a positive bias while tracking global cues and developments on the geopolitical front. Result reactions would drive sector/stock-specific movements with companies like Godrej Consumer, BSE, HPCL, CG Power, and Polycab, amongst others, announcing Q4 results today." On the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The short-term trend of Nifty continues to be positive. With a sustainable move above the hurdle of 24500-24600 levels, Nifty could soon move towards the next upside of 24800-25000. Immediate support is placed at 24250." Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP — Technical and Derivatives Research at Asit C. Mehta, said, 'The Bank Nifty index opened negative on Monday, witnessed buying in the early trade, but succumbed to profit booking, ended on a negative note at 54,920. On the daily chart, the Bank Nifty index formed a red candle with a long upper shadow, reflecting higher-level uncertainty. Resistance for the Bank Nifty index is at 55,700 and 56,000, while key support lies at 54,450. A firm break below 54,450 may trigger fresh selling pressure, potentially dragging the index towards 54,000. Until then, a range-bound consolidation between 54,450 and 56,000 may continue.' Regarding intraday stocks for today under ₹ 100, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities — recommended buying these five shares: Allcargo Gati, Hi-Tech Pipes, Niva Bupa, JTL Industries, and Suzlon Energy. 1] Allcargo Gati: Buy at ₹ 61, Target ₹ 65, Stop Loss ₹ 59. 2] Hi-Tech Pipes: Buy at ₹ 90 to ₹ 91.50, Targets ₹ 93.50, ₹ 95, ₹ 97, and ₹ 100, Stop Loss ₹ 87.80; and 3] Niva Bupa: Buy at ₹ 84 to ₹ 86, Targets ₹ 88, ₹ 90, ₹ 95, and ₹ 100, Stop Loss ₹ 82. 4] JTL Industries: Buy on dips at ₹ 65, Target ₹ 69.20, Stop Loss ₹ 62.70. 5] Suzlon Energy: Buy at ₹ 56.50, Target ₹ 60.50, Stop Loss ₹ 54.
Mint
06-05-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 6 April 2025
Stocks to buy under ₹ 100: Following strong global market sentiments on falling crude oil prices, two out of the three key benchmark indices of the Indian stock market ended higher on Monday. The Nifty 50 index finished 114 points higher at 24,461; the BSE Sensex ended 294 points higher at 80,796. However, the Bank Nifty index shed 195 points and closed at 54,919. The NSE cash market trading volumes were 11% lower than last Friday. The mid-cap and smallcap segments displayed notable outperformance compared to the benchmark indices. The Nifty Midcap 100 Index soared by 1.81%, while the Nifty Smallcap 100 Index ended with gains of 1.02%. Market breadth turned positive after six sessions of declines, with the BSE advance-decline ratio registering a strong 1.76, the highest since April 21, 2025. Speaking on the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to continue its consolidation with a positive bias while tracking global cues and developments on the geopolitical front. Result reactions would drive sector/stock-specific movements with companies like Godrej Consumer, BSE, HPCL, CG Power, and Polycab, amongst others, announcing Q4 results today." On the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The short-term trend of Nifty continues to be positive. With a sustainable move above the hurdle of 24500-24600 levels, Nifty could soon move towards the next upside of 24800-25000. Immediate support is placed at 24250." Asked about the outlook of the Bank Nifty today, Hrishikesh Yedve, AVP — Technical and Derivatives Research at Asit C. Mehta, said, 'The Bank Nifty index opened negative on Monday, witnessed buying in the early trade, but succumbed to profit booking, ended on a negative note at 54,920. On the daily chart, the Bank Nifty index formed a red candle with a long upper shadow, reflecting higher-level uncertainty. Resistance for the Bank Nifty index is at 55,700 and 56,000, while key support lies at 54,450. A firm break below 54,450 may trigger fresh selling pressure, potentially dragging the index towards 54,000. Until then, a range-bound consolidation between 54,450 and 56,000 may continue.' Regarding intraday stocks for today under ₹ 100, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities — recommended buying these five shares: Allcargo Gati, Hi-Tech Pipes, Niva Bupa, JTL Industries, and Suzlon Energy. 1] Allcargo Gati: Buy at ₹ 61, Target ₹ 65, Stop Loss ₹ 59. 2] Hi-Tech Pipes: Buy at ₹ 90 to ₹ 91.50, Targets ₹ 93.50, ₹ 95, ₹ 97, and ₹ 100, Stop Loss ₹ 87.80; and 3] Niva Bupa: Buy at ₹ 84 to ₹ 86, Targets ₹ 88, ₹ 90, ₹ 95, and ₹ 100, Stop Loss ₹ 82. 4] JTL Industries: Buy on dips at ₹ 65, Target ₹ 69.20, Stop Loss ₹ 62.70. 5] Suzlon Energy: Buy at ₹ 56.50, Target ₹ 60.50, Stop Loss ₹ 54. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions. First Published: 6 May 2025, 07:59 AM IST
Business Standard
21-04-2025
- Business
- Business Standard
Allcargo Gati spurts after total volume rises to 105 kt in March'25
Allcargo Gati zoomed 9.50% after the company's total volume, including surface and air express, stood at 105 kilotons (kt) in March 2025, up 10.52% from 95 kt in February 2025. However, on a year-on-year (YoY) basis, the firm's total volume fell by 1.86% in March 2025 as against 107 kt posted in March 2024. Allcargo Gati is primarily engaged in the business of express distribution and supply chain solutions through surface, air, and rail logistics. Supply chain management (SCM), e-commerce logistics, and fuel stations. The company reported a consolidated net profit of Rs 1.66 crore in Q3 FY25, compared to a net loss of Rs 11.76 crore recorded in Q3 FY24. Revenue from operations rose 3.8% YoY to Rs 440.55 crore in the December 2024 quarter.
