Gati signs JV with Kintetsu; stock down 2%

Published on Mon, Feb 13, 2012 at 11:59 |  Source : Moneycontrol.com

Updated at Mon, Feb 13, 2012 at 12:09  

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Gati signs JV with Kintetsu; stock down 2%

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Gati has signed joint venture with Japanese company Kintetsu, reports CNBC-TV18.

Japanese company will hold 30% in joint venture and invest Rs 270 crore.
 
It touched an intraday high of Rs 49.45 and an intraday low of Rs 45.20. At 11:57 hrs the share was quoting at Rs 45.45, down Rs 1.10, or 2.36%.
 
It was trading with volumes of 1,622,554 shares. In the previous trading session, the share closed up 2.20% or Rs 1.00 at Rs 46.55.

  

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