Moneycontrol PRO
HomeNewsBusinessStocksPrefer Gateway Distriparks, says Gaurang Shah

Prefer Gateway Distriparks, says Gaurang Shah

Gaurang Shah of Geojit Financial Services is of the view that one may prefer Gateway Distriparks.

December 18, 2017 / 15:31 IST

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "We saw the market going all over the place since the market opened up and of course then the swing in the numbers towards BJP and Congress. On Adani Ports unfortunately we don’t have a specific coverage, but we do maintain a particular stock which is in this particular logistic sector that is Gateway Distriparks."

"So if you are not looking at short to medium term but long term, Gateway Distriparks would be the stock and they are present in almost all the major ports, tier-I tier II cities and of occurs there is a great Capex that they have lined up, so that would possibly have an impact on the topside as a long term investment."

CNBC-TV18
first published: Dec 18, 2017 03:31 pm

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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347