Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
06 August, 2020 15:21 IST
Gati falls after weak Q3 results
Source: IRIS | 08 Feb, 2017, 10.02AM
Comments  |  Post Comment

Gati, engaged in express distribution and supply chain solution, witnessed a fall in share price on Wednesday after the company announced a steep drop in consolidated net profit for the quarter ended December 2016. During the quarter, the profit of the company declined 35.07% to Rs 49.80 million from Rs 76.70 million in the same quarter last year.

Revenues for the quarter rose marginally 1.69% to Rs 4,248.70 million, compared with Rs 4,178 million for the prior year period.

Shares of Gati are trading at Rs 123.25, down Rs 2.05, or 1.64% at the Bombay Stock Exchange (BSE) on Wednesday at 9:48 a.m.

The scrip has touched an intra-day high of Rs 124.00 and low of Rs 122.25. The total volume of shares traded at the BSE is 44,591.

Total volume of shares traded on the bourses today was lower by 78.76% to 239,093 compared with 22-day average volume of 1,125,537.

Gati Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer