Gati is currently trading at Rs. 66.80, up by 0.45 points or 0.68% from its previous closing of Rs. 66.35 on the BSE.
The scrip opened at Rs. 67.25 and has touched a high and low of Rs. 67.45 and Rs. 65.90 respectively. So far 29487 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.85 on 22-Mar-2019 and a 52 week low of Rs. 35.50 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 71.50 and Rs. 64.20 respectively. The current market cap of the company is Rs. 727.16 crore.
The promoters holding in the company stood at 14.72%, while Institutions and Non-Institutions held 5.77% and 79.51% respectively.
Gati has received Board of Directors’ approval for the allotment of 1.33 crore equity shares each to Allcargo Logistics on preferential basis having a face value of Rs 2 at a price of Rs 75 per share, in aggregating to the consideration of around Rs 100 crore.
Gati is a pioneer in express distribution and supply chain solutions in India.
