Shares of Allcargo Logistics surged 2.16% to Rs 34.04 in early trade on Monday, buoyed by positive operational updates for May 2025. The company reported a 6% year-on-year growth in Full Container Load (FCL) volumes, reaching 56,684 TEUs, and a 4% YoY rise in air freight volumes. However, Less than Container Load (LCL) volumes dropped 3.7% year-on-year, even though they rose 3% from April 2025 levels.
According to the company’s monthly operational update, Allcargo’s LCL volumes stood at 7.28 lakh cubic meters in May. The report noted that container utilization declined compared to last year, reflecting the dip in LCL volumes. The company also highlighted that geopolitical tensions continue to drive volatility in global demand.
Despite challenges in some geographies like the USA and Canada, Allcargo saw month-on-month growth in LCL volumes from Latin America, Europe, and the Indian Subcontinent. FCL volumes, meanwhile, remained stable month-on-month but posted solid year-on-year growth across all key regions.
At 9:38 AM, shares were trading at Rs 34.04 with a market capitalization of Rs 33,490 crore. The stock’s 52-week range is between Rs 26.39 and Rs 74.49, and the company maintains a dividend yield of 4.69%.
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