Gati likely to sell its shipping arm; stock gains

Gati is likely to sell its shipping arm Gati coast to a global shipping player valuing at in and around Rs 200-250 crore, reports Business Standard. It touched an intraday high of Rs 66.35 and an intraday low of Rs 61.90. At 10:24 hrs the share was quoting at Rs 62.90, up Rs 1.75, or 2.86%.

March 04, 2011 / 10:41 IST
Story continues below Advertisement

Gati touched an intraday high of Rs 66.35 and an intraday low of Rs 61.90. At 10:24 hrs the share was quoting at Rs 62.90, up Rs 1.75, or 2.86%.

The company is likely to sell its shipping arm Gati coast to a global shipping player valuing at in and around Rs 200-250 crore, reports Business Standard.
 
It was trading with volumes of 176,667 shares. In the previous trading session, the share closed up 7.09% or Rs 4.05 at Rs 61.15.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days53.5062.909.4017.57
5-Days51.7062.9011.2021.66
7-Days51.7062.9011.2021.66
15-Days55.5062.907.4013.33
1-Month60.0062.902.904.83
3-Month63.9062.90-1.00-1.56
6-Month73.8562.90-10.95-14.83
9-Month60.2062.902.704.49
1-Year56.9062.906.0010.54
first published: Mar 4, 2011 10:39 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!