The announcement was made after market hours on Thursday, 24 December 2015. The stock market was closed on Friday, 25 December 2015, on account of Christmas.

Meanwhile, the S&P BSE Sensex was up 124.25 points or 0.48% at 25,962.96.

On BSE, so far 76,000 shares were traded in the counter as against average daily volume of 30,240 shares in the past one quarter.

The stock hit a high of Rs 421 so far during the day, which is a record high for the counter. The stock hit a low of Rs 406 so far during the day. The stock had hit a 52-week low of Rs 256.15 on 25 August 2015.

The stock had outperformed the market over the past one month till 24 December 2015, surging 4.36% compared with Sensex's 0.24% rise. The scrip had also outperformed the market in past one quarter, rallying 35.5% as against Sensex's 0.1% fall.

The mid-cap company has equity capital of Rs 25.21 crore. Face value per share is Rs 2.

On consolidated basis, Allcargo Logistics' net profit rose 14% to Rs 72.54 crore on 0.3% growth in net sales to Rs 1465.16 crore in Q2 September 2015 over Q2 September 2014.

Allcargo Logistics provides integrated logistics solutions. The company offers specialized logistics services across multimodal transport operations, container freight station operations and project & engineering solutions.