Buy Allcargo Logistics Ltd., target Rs 215.0 : Kotak Securities Limited

Kotak Securities Limited has Buy call on Allcargo Logistics Ltd. with a target price of Rs 215.0. The current market price of Allcargo Logistics Ltd. is 192.5. Time period given by analyst is year, when Allcargo Logistics Ltd. price can reach defined target. Kotak Securities said that strong rela tionships across the logistics chain will help the company outperform peers and report low single-digit growth in the CFS segment. It said the com pany could be the biggest beneficiary of any recovery in trade and GST implementation.