Like Gateway Distriparks, Snowman Logistics: Devang Mehta

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "I have no specific view on Navkar Corporation. The logistics sector being a beneficiary of the India capex growth story or in fact the growth coming back to the fore, couple of stocks that we like in this universe and both have done relatively well in the past few months are Gateway Distriparks and the same group company Snowman Logistics. These two are under coverage and we like both of them and we have recommended it to our clients. So, these two are better stories to play. We do not have coverage on Navkar at this point."Snowman Logistics closed at Rs 95.60, up Rs 2.30, or 2.47 percent. It has touched an intraday high of Rs 97 and an intraday low of Rs 94.20.