AVG Logistics Ltd Stock: Over 600% Returns and Breakout Potential – Is Now the Right Time to Invest?

Explore the investment allure of AVG Logistics Ltd as it delivers remarkable returns exceeding 600% with evident breakout potential. Delve into the market dynamics guided by a PE ratio of 15.7, a Market Cap of ₹526 Cr., and an ROCE of 11.7%.

Weekly Chart Insights

Analyzing the weekly chart unveils a compelling uptrend, marked by consistent higher highs and higher lows.

From ₹62.50 per share in January 2022 to closing at ₹448 on January 9, 2024, AVG Logistics has yielded exceptional returns in just two years. Bolstering this surge are robust fundamentals and a notable uptick in Foreign Institutional Investors (FIIs) investment. In such scenarios, setting proper stop-loss levels is prudent, and pullbacks could be strategic entry points.

H1 FY23 Results

The H1 FY23 results showcase AVG Logistics' financial prowess:

• Total Revenue: ₹218.73 crore vs. ₹208.15 crore in H1 FY23, a YoY growth of 5.09%.
• EBITDA: ₹40.37 crore vs. ₹32.87 crore in H1 FY23, a YoY growth of 22.83%.
• EBITDA Margin: 18.46% vs. 15.79% in H1 FY23, a YoY growth of 267 bps.
• PAT: ₹4.25 crore vs. ₹1.00 crore in H1 FY23, a YoY growth of 326.07%.
• PAT Margin: 1.94% vs. 0.49% in H1 FY23, a YoY growth of 146 bps.
• EPS: ₹3.61 vs. ₹0.85 in H1 FY23, a YoY growth of 324.71%.

Recent Acquisition

The acquisition of a fleet of 50 vehicles strengthens AVG Logistics' ability to service a long-term contract with India's largest MNC FMCG Company, spanning dry and frozen goods. This acquisition bolsters the company's cold chain fleet to a total of 275, enhancing its operational capabilities.

About AVG Logistics

Established in 2010, AVG Logistics Ltd offers road transportation services, warehousing facilities, and railway transportation to a diverse clientele. Promoted by Mr. Sanjay Gupta, a stalwart with over three decades of logistics expertise, AVG Logistics stands as a key player in the logistics domain.

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