Gateway Distriparks advances on reporting 44% growth in Q3FY17 net profit

08 Feb 2017

Gateway Distriparks is currently trading at Rs. 263.00, up by 3.85 points or 1.49% from its previous closing of Rs. 259.15 on the BSE.

The scrip opened at Rs. 259.15 and has touched a high and low of Rs. 267.40 and Rs. 253.00 respectively. So far 20,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.00 on 10-Jun-2016 and a 52 week low of Rs. 205.60 on 22-Feb-2016.

Last one week high and low of the scrip stood at Rs. 267.40 and Rs. 243.50 respectively. The current market cap of the company is Rs. 2,859.55 crore.

The promoters holding in the company stood at 25.17%, while Institutions and Non-Institutions held 65.61% and 9.22% respectively.

The company has reported 43.60% rise in its net profit at Rs 16.37 crore for third quarter ended December 31, 2016 as compared to Rs 11.40 crore for the same quarter in the previous year. Total income of the company increased by 6.74% at Rs 91.02 crore for the quarter under review as compared to Rs 85.27 crore for the corresponding quarter previous year.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

Related Gateway Distriparks Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323