Allcargo Logistics shares declined 1.45% Monday to ₹10.91 from previous close of ₹11.07, trading within day’s range of ₹10.84-11.07 on NSE. Volume registered 759,247 shares versus 4.78 million average, reflecting subdued activity during broader market caution triggered by Iran unrest and rising crude prices.
The logistics stock operates 76% below 52-week high of ₹45.67, hovering near yearly lows around ₹10.08. Current market capitalization stands at ₹1,072 crore alongside elevated P/E ratio of 54.55 on EPS ₹0.20. Both 50-day (₹15.33) and 200-day (₹28.33) moving averages signal persistent downtrend.
Recent Regulatory Headwinds
CCI imposed ₹50 lakh penalty January 9, 2026, citing Gati acquisition violations, adding pressure to already depressed valuation. Negative earnings trajectory yields -158x P/E on TTM basis per recent filings, contrasting 5.06% ROCE. January open reflected at ₹11.07 with intraday high matching previous close before selling accelerated.
Technical Outlook
Immediate support emerges at ₹10.84 (today’s low) and psychological ₹10.00. Resistance clusters near ₹11.07 (today’s high/previous close) and ₹11.50. Bearish momentum persists below key EMAs amid Nifty’s 25,669 open (-0.06%) and Sensex 83,435 (-0.17%). RSI readings suggest oversold conditions potentially capping downside.
Market Context Pressures
Broader indices slipped amid Brent crude’s 0.26% rise to $63.49/barrel on Iranian supply disruption fears. FIIs net sold ₹3,769 crore equities January 9; rupee eyed weaker 90.25 open. Logistics sector faces freight rate volatility and trade policy uncertainties alongside US-India tariff overhangs.
Trading Considerations
High P/E relative to negative earnings trajectory warrants caution for fundamental investors. Technical traders monitor ₹10.80 support break targeting ₹10.00 versus ₹11.20 recovery testing 50DMA. Q3 earnings season and Union Budget infrastructure allocations represent potential catalysts amid persistent FII outflows.
Comparative Sector Snapshot
Container Corp: -0.87%
Blue Dart: -1.12%
Gateway Distriparks: -0.45%
Allcargo underperforms peers reflecting company-specific regulatory overhang compounded by macroeconomic caution. Low volume suggests rangebound trading persists absent fresh triggers.
