Logistics shares gain; Gateway Distriparks zooms 55% in 5 days

Blue Dart Express surged 6 per cent and hit a fresh 52-week high of Rs 4,457, while Gati soared 7 per cent to Rs 96, and was trading close to its 52-week high of Rs 107 on the BSE

Shares of logistics companies were in focus at the bourses on Monday, with Gateway Distriparks rallying up to 15 per cent and hitting a fresh 52-week high of Rs 180 in intra-day deals in an otherwise subdued market. The stock has zoomed 55 per cent in the past five trading days, after reporting strong operational performance for the December 2020 quarter (Q3FY21).

Among othre stocks, Blue Dart Express, too, hit a fresh 52-week high of Rs 4,457, surging 6 per cent on the BSE in intra-day trade today. Gati soared 7 per cent to Rs 96, and was trading