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Gateway Distriparks drops after twin bulk deals

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Capital Market Mumbai

Meanwhile, the BSE Sensex was down 51.99 points, or 0.26%, to 19,934.83

A bulk deal of 3.2 lakh shares was executed on the Gateway Distriparks counter at Rs 138 per share at 09:43 IST on BSE. Another bulk deal of 1 lakh shares was executed on the Gateway Distriparks counter at Rs 138 per share at 10:10 IST on BSE.

On BSE, 4.28 lakh shares were traded in the counter as against an average daily volume of 10,300 shares in the past one quarter.

The stock hit a high of Rs 138.95 and a low of Rs 134.55 so far during the day. The stock had hit a 52-week low of Rs 126 on 26 June 2012 and a 52-week high of Rs 159.90 on 30 March 2012.

 

The stock outperformed the market over the past one month till 15 January 2013, rising 6.08% compared with the Sensex's 3.47% rise. The scrip however, underperformed the market in the past one quarter, falling 2.06% as against Sensex's 6.8% rise.

The small-cap logistics company has an equity capital of Rs 108.43 crore. Face value per share is Rs 10.

Gateway Distriparks reported 11.5% fall in net profit to Rs 29.83 crore on 5.8% increase in net sales to Rs 215.89 crore in Q2 September 2012 over Q2 September 2011.

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First Published: Jan 16 2013 | 11:32 PM IST

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