Gateway Distriparks Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 3950.43 Crore) operating in Logistics sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 353.11 Crore, up 11.64 % from last quarter Total Income of Rs 316.29 Crore and up 16.09 % from last year same quarter Total Income of Rs 304.18 Crore. Company reported net profit after tax of Rs 46.44 Crore in latest quarter.
Investment Rationale
The brokerage expects the relative outperformance of the stock to endure and gradually head towards Rs 360 in coming months as it is 138.2% external retracement of CY16-20 decline (Rs 288-63).
Promoter/FII Holdings
Promoters held 30.2 per cent stake in the company as of June 30, 2020, while FIIs held 26.9 per cent, DIIs 28.5 per cent and public and others 14 per cent.
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