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Buy Gateway Distriparks; target of Rs 85: ICICI Direct

ICICI Direct is bullish on Gateway Distriparks has recommended buy rating on the stock with a target price of Rs 85 in its research report dated August 04, 2022.

August 06, 2022 / 10:02 AM IST
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ICICI Direct's research report on Gateway Distriparks


Gateway Distriparks (GDL) has a diversified presence in logistics verticals like container train operators (CTO), cold chain logistics, 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.


Outlook


We remain positive on the stock and maintain our BUY recommendation. We value the stock at Rs 85 i.e. 19x P/E on FY24E EPS.


For all recommendations report, click here

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Gateway Distriparks - 040822 - ic

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first published: Aug 6, 2022 10:00 am
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