Gati

Gati shares surge 4% on advanced logistics hub launch in Bengaluru

The launch of Mayasandra STCDW is a part of Gati’s plan to build 21 modern, automated and environmentally friendly STCDWs

Gati Consolidated September 2023 Net Sales at Rs 441.51 crore, up 1.46% Y-o-Y

Gati Standalone September 2023 Net Sales at Rs 56.56 crore, down 14.6% Y-o-Y

Gati expects 18-20% increase in festive season demand this year

The company said it is geared up to cater to this anticipated surge with its enhanced warehousing and service delivery capabilities.

Bulk deals | Plutus Wealth Management buys additional 1.16% stake in Yatharth Hospital

Plutus held 2.33 percent stake in Yatharth Hospital as per the shareholding data disclosed by the company last week.

Gati Consolidated June 2023 Net Sales at Rs 426.19 crore, down 1.12% Y-o-Y

Gati Standalone June 2023 Net Sales at Rs 59.36 crore, down 11.46% Y-o-Y

Gati gains 5% on June business boost

Gati’s total volume, including surface and air express, in June came in at 102 kt, up 14 percent from the year-ago period and 3 percent from the previous month

If deals come true! What fills the hole for Delhivery, Gati and Allcargo Logistics?

Delhivery is said to be in talks to buy Allcargo Logistics’ stake in express distribution and supply chain solutions company Gati. Investors are wondering what a deal, if it actually happens, would mean for these three logistics players.

MF romance with logistics deepens with Delhivery, but fizzles out for Gati

The Delhivery stock kept making loud blips on the mutual fund radar with an 8 percent rise in the market. While Gati lost nearly 17 percent, the AllCargo Logistics stock gained around 18 percent year to date

Gati CFO: Increasing wallet share and volumes to help clock Rs 3,000-crore revenue target

Gati had set a revenue target of Rs 3,000 crore, 12-15 percent earnings before interest, taxes, depreciation and amortisation margin and 20-25 percent return on capital employed by FY26.

Gati Consolidated March 2023 Net Sales at Rs 415.67 crore, up 10.34% Y-o-Y

Gati Standalone March 2023 Net Sales at Rs 60.70 crore, up 3.09% Y-o-Y

Logistics Q4 Preview: Buoyant demand to drive sales, but margins under pressure

A pause in interest rate hikes aided recovery in the automobile sector, likely a key growth tailwind for logistics firms in the January-March 2023 quarter.

Gati launches surface transhipment centre and warehousing facility in Bhiwandi

Spread over 148,000 sq ft, the grade A facility will serve multiple industries including heavy engineering, pharmaceuticals, automotive, apparel, and electrical equipment.

Expect ULIP platform will be operational in next 6 months: Pirojshaw Sarkari

Pirojshaw Sarkari, CEO, Gati Ltd, said that while the government has shown eagerness in developing the ULIP platform, it has been found lacking in setting up the dedicated freight corridors.

Gati Consolidated December 2022 Net Sales at Rs 441.35 crore, up 6.67% Y-o-Y

Gati Standalone December 2022 Net Sales at Rs 63.00 crore, down 2.99% Y-o-Y

Gati Q3 PAT seen up 3.4% YoY to Rs. 4 cr: Sharekhan

Net Sales are expected to increase by 5.3 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 436 crore, according to Sharekhan.

Gati Consolidated September 2022 Net Sales at Rs 435.15 crore, up 8.96% Y-o-Y

Gati Standalone September 2022 Net Sales at Rs 66.23 crore, down 5.14% Y-o-Y

Buy Gati; target of Rs 230: Hem Securities

Hem Securities is bullish on Gati has recommended buy rating on the stock with a target price of Rs 230 in its research report dated October 08, 2022.