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Gateway Distriparks approves buyback, stock gains
Published on Fri, Jul 25, 2008 at 12:08 , Updated at Fri, Jul 25, 2008 at 12:18
Source : moneycontrol.com
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At 11:57 am, Gateway Distriparks was quoting at Rs 86.40, up Rs 1.70, or 2.01%. It has touched an intraday high of Rs 89.80 and an intraday low of Rs 83.95. The company board has approved buyback upto 10% equity at maximum of Rs 110 per share, reports CNBC-TV18. It has declared its first quarter results. Its consolidated net profit was up at Rs 20.8 crore versus Rs 18.58 crore, YoY. The consolidated net sales were up at Rs 96 crore versus Rs 48.3 crore, YoY.
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