Gati Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1988.94 Crore) operating in Logistics sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 408.61 Crore, up 1.82 % from last quarter Total Income of Rs 401.29 Crore and up 8.84 % from last year same quarter Total Income of Rs 375.43 Crore. Company reported net profit after tax of Rs -173.40 Crore in latest quarter.
Investment Rationale
After losing 15% from the prior month’s high, the stock found renewed buying interest near its 20 day average. A little more progress from here could shove the rally into an even higher gear.
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