Don’t miss the latest developments in business and finance.

Gateway Distriparks surges after block deal

The stock rallied 8% to Rs 344, bouncing back 15% from intra-day's low on BSE.

Image
SI Reporter Mumbai
Last Updated : Dec 17 2014 | 12:56 PM IST
Shares of logistic company Gateway Distriparks has surged nearly 8% to Rs 344, bouncing back 15% from intra-day’s low on BSE after a huge block deal executed on the counter.

At 1232 hours, around 1.27 million shares representing 1.16% of total equity of the company changed hands at Rs 334.50 per share, the BSE data shows. However, the identity of the buyers and sellers could not be yet ascertained.

Meanwhile, till 1246 hours, 3.95 million shares, which accounted 3.6% to total equity changed hands against an average sub 17,000 shares that were traded daily in past two weeks on BSE.
 

Also Read

First Published: Dec 17 2014 | 12:51 PM IST

Next Story