Logistics stocks trade higher; Gati zooms 6%

India Infoline News Service | Mumbai | January 03, 2017 14:19 IST

The shares of logistics stocks rallied ahead of the meeting of the GST Council scheduled for later in the day.

The shares of logistics stocks rallied ahead of the meeting of the GST Council scheduled for later in the day.

Gati Ltd is currently trading at Rs 123.6, up by Rs 7.35 or 6.32% from its previous closing of Rs 116.25 on the BSE. The scrip opened at Rs 118 and has touched a high and low of Rs 126 and Rs 117.7 respectively. So far 2927471 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1023.33 crore.

Sical Logistics Ltd is currently trading at Rs 209, up by Rs 6.55 or 3.24% from its previous closing of Rs 202.45 on the BSE. The scrip opened at Rs 205.5 and has touched a high and low of Rs 213.5 and Rs 205.5 respectively. So far 45852 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1125.62 crore.

VRL Logistics Ltd is currently trading at Rs 265.5, up by Rs 6.3 or 2.43% from its previous closing of Rs 259.2 on the BSE. The scrip opened at Rs 261.2 and has touched a high and low of Rs 270 and Rs 260.1 respectively. So far 181318 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2365.03 crore.

Snowman Logistics Ltd is currently trading at Rs 54.75, up by Rs 2.95 or 5.69% from its previous closing of Rs 51.8 on the BSE.

The committee headed by Finance Minister Arun Jaitley is scheduled to meet representatives of six crucial sectors, including IT, telecom, banking and insurance, to assess the hurdles in the implementation of the new GST regime. 

***Note: This is a NSE Chart

 

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