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Buy Gateway Distriparks; target of Rs 100: ICICI Direct

ICICI Direct is bullish on Gateway Distriparks has recommended buy rating on the stock with a target price of Rs 100 in its research report dated April 29, 2022.

April 30, 2022 / 12:24 PM IST
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ICICI Direct's research report on Gateway Distriparks

GDL has a diversified presence in logistics verticals like container train operators (CTO), cold chain logistics and container freight stations. • Rail segment comprises ~70% of consolidated revenues, with the rest being contributed by CFS • Has five intermodal terminals, built on owned land at key areas along WDFC.


We remain positive on the stock and maintain our BUY recommendation. We value the stock at Rs 100 i.e. 21x P/E on FY23E EPS.

For all recommendations report, click here

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first published: Apr 30, 2022 12:24 pm