Allcargo Logistics Hits 52-Week Low Amidst Significant Yearly Decline

Dec 30 2024 12:05 PM IST
share
Share Via
Allcargo Logistics has seen a revision in its score by MarketsMojo, reflecting recent market dynamics. Despite reaching a 52-week low, the stock showed signs of recovery today, outperforming its sector. However, it remains below key moving averages, highlighting ongoing challenges in its performance metrics. The stock has been added to MarketsMojo's list, indicating potential interest from investors.
Allcargo Logistics, a small-cap player in the logistics industry, has recently experienced notable fluctuations in its stock performance. As of December 30, 2024, the company's stock price is just 0.33% away from its 52-week low of Rs 48.15, indicating a challenging year for the firm. Over the past year, Allcargo Logistics has seen a decline of 39.89%, contrasting sharply with the Sensex, which has gained 9.37% during the same period.

Despite these challenges, the stock has shown some resilience, outperforming its sector by 0.38% on the latest trading day. However, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a continued struggle in maintaining upward momentum.

On a positive note, Allcargo Logistics boasts a high dividend yield of 4.35% at its current price, which may appeal to income-focused investors. The company is also part of a category identified as a "Hidden Turnaround," indicating potential shifts in its operational dynamics.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News