India's Allcargo Terminals falls on drop in November freight volumes

Allcargo Terminals

13/12/2023 05:03

** Shares of Allcargo Terminals  ALLC.NS  lose as much as
2.82% to 53.35 rupees per share; stock last down 2.4%
    ** Container freight stations' (CFS) operator says its CFS
volumes declined 13% in November on a month-on-month basis
    ** Attributes fall in volumes in November due to easing out
of post-festive season demand
    ** ALLC shares, which got listed on the National Stock
Exchange on Aug. 10, have risen about 18% since their market
debut, including session's losses - LSEG data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))