Allcargo Gati shares jumped more than 3% in morning trade after the company announced a 10.2% average General Price Increase for Express Distribution services starting January 1, 2025.
This is the first price set since Allcargo Logistics Limited’s strategic acquisition of Gati in 2019, driven by the need to align pricing with ongoing operational investments while maintaining high levels of service quality.
As of 10:24 am, Allcargo Gati shares were trading 1.99% higher at Rs 116.59 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
