Gati is currently trading at Rs. 116.70, up by 16.10 points or 16.00% from its previous closing of Rs. 100.60 on the BSE.
The scrip opened at Rs. 101.00 and has touched a high and low of Rs. 118.65 and Rs. 101.00 respectively. So far 8,48,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 154.45 on 17-Jan-2018 and a 52 week low of Rs. 87.60 on 28-Mar-2018.
Last one week high and low of the scrip stood at Rs. 118.65 and Rs. 99.20 respectively. The current market cap of the company is Rs. 1,266.21 crore.
The promoters holding in the company stood at 24.89%, while Institutions and Non-Institutions held 28.48% and 46.63% respectively.
Gati is planning to explore the possibility of inducting a new Financial/Strategic Partner to augment the future growth of the company. The meeting of the Board of Directors of the company will be held on April 26, 2018, to consider and approve the same.
Gati is a pioneer in express distribution and supply chain solutions in India.
