SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gati rises on offloading 40% stake in shipping subsidiary to Riba Constructions

13 May 2013 Evaluate

Gati is currently trading at Rs. 30.80, up by 0.05 points or 0.16% from its previous closing of Rs. 30.75 on the BSE.

The scrip opened at Rs. 30.25 and has touched a high and low of Rs. 30.85 and Rs. 30.25 respectively. So far 6,768 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. 32.50 and Rs. 29.00 respectively. The current market cap of the company is Rs. 266.00 crore.

The promoters holding in the company stood at 44.37% while Institutions and Non-Institutions held 1.84% and 53.79% respectively.

Transportation Company Gati has offloaded 40% stake in its shipping subsidiary, Gati Ship to city based Riba Constructions for Rs 8 crore. The company plans to further divest in the shipping division and eventually hold minority stake. Gati’s shipping business, in total, has been valued at Rs 20 crore.

Gati reported Rs 7.5 crore net profit for the quarter ended March 31, 2013 as compared to a net loss of Rs 3.5 crore for the corresponding quarter of last year. The total consolidated revenue of group rose by 23.34% for the reporting quarter at Rs 317 crore against Rs 257 crore for the corresponding quarter of previous year.

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%)
11-Nov-2025 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×