Logistics stocks slips lower; Gati down 3%

Shares of Logistics companies ended higher on the back of higher volumes. Report says that Arun Jaitley and Ananth Kumar met Ghulam Nabi Azad and Anand Sharma On GST.

Jul 15, 2016 10:07 IST India Infoline News Service

Shares of Logistics companies ended higher on the back of higher volumes. Report says that Arun Jaitley and Ananth Kumar met Ghulam Nabi Azad and Anand Sharma On GST.
“We are trying to build consensus on GST. We have discussed all the points, " says Jaitley.

Gati Ltd ended at Rs. 175.95, down by Rs. 5.35 or 2.95% from its previous closing of Rs. 181.3 on the BSE.
The scrip opened at Rs. 183 and touched a high and low of Rs. 184.8 and Rs. 173.5 respectively. A total of 8900128(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1593.61 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 206.5 on 30-Jul-2015 and a 52 week low of Rs. 94.6 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 183 and Rs. 157.1 respectively.
The promoters holding in the company stood at 41.04 % while Institutions and Non-Institutions held 13.56 % and 45.4 % respectively.
The stock traded above its 50 DMA.

Patel Integrated Logistics Ltd ended at Rs. 117.4, down by Rs. 5.5 or 4.48% from its previous closing of Rs. 122.9 on the BSE.
The scrip opened at Rs. 125.7 and touched a high and low of Rs. 125.7 and Rs. 116.2 respectively. A total of 906779(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 195.25 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 143.7 on 04-Dec-2015 and a 52 week low of Rs. 65 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 124.4 and Rs. 112.1 respectively.
The promoters holding in the company stood at 43.51 % while Institutions and Non-Institutions held 0.7 % and 55.79 % respectively.
The stock traded above its 50 DMA.

Snowman Logistics Ltd ended at Rs. 85.55, down by Rs. 2.6 or 2.95% from its previous closing of Rs. 88.15 on the BSE.
The scrip opened at Rs. 89.8 and touched a high and low of Rs. 90.3 and Rs. 84.55 respectively. A total of 9500849(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1472.88 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 116.45 on 22-Jul-2015 and a 52 week low of Rs. 46.2 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 89.7 and Rs. 80.75 respectively.
The promoters holding in the company stood at 40.25 % while Institutions and Non-Institutions held 5.69 % and 54.06 % respectively.
The stock traded above its 200 DMA.

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