Shares logistics companies have rallied by up to 20% on bourses after the Gati said it exploring the possibility of inducting a new financial/strategic partner.
Gati (Rs 121) and Patel Integrated Logistics (Rs 72) have locked in upper circuit of 20% on the BSE with no sellers were seen on these counters.
Snowman Logistics has rallied 16% to 55 on the BSE, while Transport Corporation of India, ABC India, VRL Logistics, Sical Logistics and Allcargo Logistics were up in the range of 4% to 7% on the BSE. On comparison, the S&P BSE Sensex was up 0.55% at
Gati (Rs 121) and Patel Integrated Logistics (Rs 72) have locked in upper circuit of 20% on the BSE with no sellers were seen on these counters.
Snowman Logistics has rallied 16% to 55 on the BSE, while Transport Corporation of India, ABC India, VRL Logistics, Sical Logistics and Allcargo Logistics were up in the range of 4% to 7% on the BSE. On comparison, the S&P BSE Sensex was up 0.55% at