Allcargo Logistics witnessed its shares falling for the sixth consecutive day on Wednesday, as the company reported a 4 percent decline in international business volumes for Less than Container Load (LCL) operations in July compared to the previous year.
In its monthly operational update to the stock exchanges, the company disclosed that Allcargo International Supply Chain’s LCL volume experienced a downturn of 4 percent, reaching 7.8 lakh cubic meters in July this year, in contrast to 8.9 lakh cubic meters in the corresponding period of the previous year.
As of 11:22 am, the shares continued their downward trend, trading 1.98% lower at ₹271.60.
