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Buy Allcargo Logistics, says Sudip Bandopadhyay

Sudip Bandopadhyay of Inditrade Capital is of the view that one may buy Allcargo Logistics.

November 17, 2017 / 16:24 IST

Sudip Bandopadhyay of Inditrade Capital told CNBC-TV18, "I have been bullish on Allcargo Logistics for quite some time and I think it is a great buy – GST or no-GST, fresh trigger or no fresh trigger. Fundamentally, this company is doing very well. Globally they are one of the largest player in less than container load segments."

"A whole lot of things they are doing right and I think with all the kind of economic activity picking up in the country, GST getting implemented, they are going to be the big beneficiary for domestic business as well. So both, domestic and global business for Allcargo looks excellent. For fundamental long term investor, even at current level, Allcargo is a great buy," he added.

CNBC-TV18
first published: Nov 17, 2017 04:22 pm

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