Gati jumped 5.61% to Rs 113.90 at 09:25 IST on BSE after consolidated net profit surged 258.32% to Rs 18.31 crore on 5.89% rise in total income to Rs 453.13 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 22 August 2017.Meanwhile, the S&P BSE Sensex was up 109.82 points, or 0.35% at 31,401.67. The S&P BSE Small-Cap index was up 91.05 points, or 0.59% at 15,479.67.
On the BSE, 1.31 lakh shares were traded on the counter so far as against the average daily volumes of 1.08 lakh shares in the past one quarter. The stock had hit a high of Rs 116.50 and a low of Rs 113 so far during the day. The stock had hit a 52-week high of Rs 156.65 on 23 August 2016 and a 52-week low of Rs 101.60 on 11 August 2017.
The small-cap company has equity capital of Rs 21.65 crore. Face value per share is Rs 2.
Gati is a pioneer and leader in express distribution and supply chain solutions in India.
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