Logistics stocks shine; Gati zooms 3%

India Infoline News Service | Mumbai | October 18, 2016 13:20 IST

Logistics stocks rallied on Tuesday ahead of GST council meeting that begins later in the day.

Logistics stocks rallied on Tuesday ahead of GST council meeting that begins later in the day. A crucial three-day meeting of the Goods and Services Tax (GST) Council, comprising state finance ministers, starts today, 18 October 2016. The meeting is crucial because the government has set a deadline of 1 April 2017 for the GST rollout.

Gati Ltd is currently trading at Rs 134, up by Rs 3.9 or 3% from its previous closing of Rs 130.1 on the BSE. The scrip opened at Rs 133.15 and has touched a high and low of Rs 136.25 and Rs 133.15 respectively. So far 1039119 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1143.57 crore.

Gateway Distriparks Ltd is currently trading at Rs 259, up by Rs 4.5 or 1.77% from its previous closing of Rs 254.5 on the BSE. The scrip opened at Rs 257.65 and has touched a high and low of Rs 259.75 and Rs 256 respectively. So far 44900(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2767.13 crore.

Snowman Logistics Ltd is currently trading at Rs 65.75, up by Rs 2.75 or 4.37% from its previous closing of Rs 63 on the BSE. The scrip opened at Rs 64.5 and has touched a high and low of Rs 66.5 and Rs 64.5 respectively. So far 959460(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1052.65 crore.

Container Corporation Of India Ltd is currently trading at Rs 1355, up by Rs 31.25 or 2.36% from its previous closing of Rs 1323.75 on the BSE. The scrip opened at Rs 1334.4 and has touched a high and low of Rs 1357.4 and Rs 1324.55 respectively. So far 90319 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 25809.15 crore.

VRL Logistics Ltd is currently trading at Rs 317.85, up by Rs 5.55 or 1.78% from its previous closing of Rs 312.3 on the BSE. The scrip opened at Rs 318 and has touched a high and low of Rs 320.95 and Rs 314.15 respectively. So far 163395(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2849.53 crore.
BSE 120.90 [2.25] ([1.83]%)

***Note: This is a NSE Chart

 

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