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Gati rises as its arm plans to launch new coastal container service

02 Apr 2013 Evaluate

GATI is currently trading at Rs. 28.15, up by 0.20 points or 0.72 % from its previous closing of Rs. 27.95 on the BSE.

The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 29.10 and Rs. 27.90 respectively. So far 25959 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 45.90 on 09-Oct-2012 and a 52 week low of Rs. 24.55 on 26-Mar-2013.

Last one week high and low of the scrip stood at Rs. 29.10 and Rs. 24.55 respectively. The current market cap of the company is Rs. 245.03 crore.

The promoters holding in the company stood at 44.37% while Institutions and Non-Institutions held 2.64% and 52.98% respectively.

Gati Ship, a subsidiary of Gati - India’s pioneer and leader in Express Distribution and Supply Chain Solutions and International Shipping Logistics FZE are set to launch a new Coastal Container Service between North India and South India covering the sea ports of Kandla, Mundra, Cochin. This new service will be called ‘ISL-Gati Express Coastal Service’ and will be launched by end of April, 2013.

Gati Ship, a subsidiary of Gati, is a one stop logistics solution provider for all sea bound cargo shipments. Gati Ship commenced its operations in 1995 as Gati Coast to Coast, to serve as a logistics solution for all sea bound cargo.

Gati is a leading player in express distribution and logistics and operates through two divisions - Express Distribution & Supply Chain (EDSC) and Coast- to-Coast (C2C) division. It also operates two container yards at Chennai and Port Blair which increases capability and provides for efficient handling of the cargo.

Allcargo Gati-Amalga Share Price

66.08 0.00 (0.00%)
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