Logistics stocks to rally on growing trade volumes, stable margins: Analysts - Moneycontrol

A recovery in trade volumes and stable margins will support the logistics sector in India, according to analysts. The logistics industry has recovered strongly from the pandemic, with signs of revival in domestic indicators such as e-way bill generation and FASTag collections. Jefferies said global GDP growth is expected to recover in 2024 after a dip in 2023 to 1.8-2%, which should see volumes bottom out within the next couple of quarters. Dedicated Freight Corridor traffic is expected to rise for rail players in 2023.

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