Powered by: Motilal Oswal

News

Gati surges on reporting 14% growth in total volume in June 2023 GATI is currently trading at Rs. 130.65, up by 5.20 points or 4.15% from its previous closing of Rs. 125.45 on the BSE. The scrip opened at Rs. 125.65 and has touched a high and low of Rs. 132.50 and Rs. 123.00 respectively. So far 110669 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 195.25 on 14-Sep-2022 and a 52 week low of Rs. 97.65 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs. 132.50...
Gati surges on reporting 14% growth in total volume in June 2023
Gati surges on reporting 14% growth in total volume in June 2023
Source: Accord Fintech
10/07/2023 12:19:02 PM
Express Business FY23 EBITDA doubled over FY22 Gati Limited (GATI) one of India’s leading premier Express Distribution and Supply Chain Management company, has reported its unaudited financial results for the quarter ended March 31, 2023. Financial Highlights for Express Business – Q4FY23 & FY23   For Q4FY23, Fuel stations revenue grew by 8.7% Y-o-Y, for FY23 the growth stood at 11.5% Y-o-Y.                   &...
Express Business FY23 EBITDA doubled over FY22
Express Business FY23 EBITDA doubled over FY22
Source: PR Agency
20/05/2023 12:42:07 PM
Persistent Systems surges on the BSE Persistent Systems is currently trading at Rs. 4068.60, up by 97.75 points or 2.46% from its previous closing of Rs. 3970.85 on the BSE. The scrip opened at Rs. 3945.05 and has touched a high and low of Rs. 4080.10 and Rs. 3945.05 respectively. So far 17730 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4986.85 on 03-Jan-2022 and a 52 week low of Rs. 3091.65 on 26-Sep-2022. Last one week high and low of the sc...
Persistent Systems surges on the BSE
Persistent Systems surges on the BSE
Source: Accord Fintech
28/11/2022 3:00:22 PM
Buy Gati Ltd For Target Rs 288 - ICICI Securities Execution underlines strengthened guidance We visited the Farukh Nagar sorting centre of Gati in Haryana. It’s 113,000 sqft facility is located inside Allcargo Logistics Park. Farukh Nagar has helped Gati consolidate three different erstwhile NCR hubs across 84,000 sqft allowing the benefits of consolidation, cross docking (having 89 bays), dock lever, improved planning for IT integration and better connectivity. According to the management, current infrastructure is adequate to meet...
Buy Gati Ltd For Target Rs 288 - ICICI Securities
Buy Gati Ltd For Target Rs 288 - ICICI Securities
Source: ICICI Securities Ltd
25/06/2022 10:28:41 AM
Buy Gati Ltd For Target Rs.288 - ICICI Securities Several levers for express margin expansion yet to play out Gati’s Q3FY22 Express EBITDA margins (6.2%) failed to showcase any improvement. While we were expecting a margin improvement to start surfacing from Q3FY22, given the scale, scope and the timeframe of the transformation undertaken, all projection do need to account for/accommodate certain volatility in the trajectory (to reach 12-14% EBITDA margin in the express business). Management has lined out the key pillars for sustain...
Buy Gati Ltd For Target Rs.288 - ICICI Securities
Buy Gati Ltd For Target Rs.288 - ICICI Securities
Source: ICICI Securities Ltd
5/04/2022 2:17:44 PM
Buy Gati Ltd For Target Rs.288 - ICICI Securities Core business RoCE to reach ~50% in FY24E; initiate with BUY We initiate coverage on Gati with a BUY rating and target price of Rs288/share (30x FY24E P/E). Gati, along with Safexpress, TCI Express, Blue Dart, and Delhivery, remains one of the key organised express logistics players pan-India. Recent acquisition (CY19) by Allcargo has revived Gati’s corporate ambitions of reclaiming the best express logistics player status in the country. The actions taken, under the new management t...
Buy Gati Ltd For Target Rs.288 - ICICI Securities
Buy Gati Ltd For Target Rs.288 - ICICI Securities
Source: ICICI Securities Ltd
27/01/2022 9:36:13 AM
Weekly Tech Picks - Godrej Consumer Product Ltd, Century Textiles & Industries Ltd, Gati Ltd, Tata Consultancy Services Ltd By Axis Securities Godrej Consumer Product Ltd * On the daily chart, the stock has observed trend reversal as it has broken out its five months “downsloping trend line” on a closing basis  * This breakout is accompanied with huge volumes indicating increased participation on rally * The stock has strongly rebounded from its 200-day SMA (900) which supports bullish sentiments  * The daily and weekly strength indicator RSI and the momentum indicator Stochastic...
Weekly Tech Picks - Godrej Consumer Product Ltd, Century Textiles & Industries Ltd, Gati Ltd, Tata Consultancy Services Ltd By Axis Securities
Weekly Tech Picks - Godrej Consumer Product Ltd, Century Textiles & Industries Ltd, Gati Ltd, Tata Consultancy Services Ltd By Axis Securities
Source: Axis Securities Ltd
25/12/2021 4:47:22 PM
Gati reported a weak set of numbers for the quarters Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Gati reported a weak set of numbers for the quarters Q4FY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Gati reported a weak set of numbers for the quarters Q4FY21. Gati Limited reported total revenue from operations at ₹406.6 Crores, up by 16% YoY from ₹350.09 crores in Q4FY20. Express distribution and supply chain reported very good revenue growth of 19.6% at ₹335.8 Crores as compared...
Gati reported a weak set of numbers for the quarters Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd
Gati reported a weak set of numbers for the quarters Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
26/05/2021 1:06:38 PM
Gati posts Q3 net loss of Rs 22.67 cr The company reported standalone net loss during the quarter stood at Rs 22.67 crore as compared to net loss of Rs 3.45 crore in the previous year quarter. Net revenue of the company declined substantially by 30.40 per cent at Rs 80.49 crore in October-December quarter of this fiscal as against Rs 115.64 crore in the corresponding period last year. During October-December quarter, operating expenses dropped by 33.43 per cent to Rs 79.29 crore from Rs 119.11 crore in year ago period. Other I...
Gati posts Q3 net loss of Rs 22.67 cr
Gati posts Q3 net loss of Rs 22.67 cr
Source: Dion Global Solutions Ltd
6/02/2021 11:15:04 AM