Allcargo Logistics share price jumped 9.5% on Friday’s session after Allcargo Logistics Ltd and Allcargo Gati boards approved business restructuring on Thursday, as per the company’s exchange filing. Allcargo Logistics share price today opened at 299.55 apiece on BSE today. Allcargo Logistics stock price touched an intraday high of 312.05 and an intraday low of 299.40.
Analysts believe that the long-term structure of the Allcargo Logistics stock price is favourable. The main support level is at 280; higher levels of 340 are gradually anticipated.
The International Supply Chain (ISC) business will be merged into a new company called Allcargo ECU Limited, the company stated in its exchange filing. Together with the foreign subsidiar…
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