Hot Pursuit     18-Nov-20
Gati corrects after rising 34% in three days
Gati tumbled 6.27% to Rs 90.45 on profit booking after a three-day rally.
Shares of Gati corrected after the counter surged 34% in three trading days to settle at Rs 96.5 on 17 November 2020 from its previous closing low of Rs 72.05 on 12 November 2020.

The counter is up nearly 180% from its 52-week low of Rs 32.4 reported on 29 April 2020. The stock trades near its 52-week high of Rs 98.45 hit on 17 November 2020.

On a consolidated basis, Gati posted a net loss of Rs 10.81 crore in Q2 September 2020 as against a net loss of Rs 10.55 crore posted in Q2 September 2019. Net sales fell 22% year on year to Rs 342.5 crore in Q2 September 2020.

Gati is an Indian multinational courier delivery services company headquartered in Hyderabad, India.

Previous News
  Gati consolidated net profit declines 88.03% in the September 2022 quarter
 ( Results - Announcements 03-Nov-22   09:33 )
  Allcargo Gati reports standalone net profit of Rs 28.51 crore in the December 2023 quarter
 ( Results - Announcements 03-Feb-24   07:33 )
  Gati to conduct board meeting
 ( Corporate News - 20-Oct-21   15:01 )
  Allcargo Gati allots 1.67 cr equity shares under QIP issue
 ( Corporate News - 28-Jun-24   12:16 )
  Board of Gati approves preferential allotment of 10.23 lakh shares and 71.61 lakh equity warrants
 ( Corporate News - 18-Jun-21   11:11 )
  Gati schedules board meeting
 ( Corporate News - 08-Sep-20   17:41 )
  Gati schedules board meeting
 ( Corporate News - 05-May-21   09:57 )
  Gati spurts after total volumes rises to 98 kt in May 2023
 ( Hot Pursuit - 08-Jun-23   12:05 )
  Gati to convene AGM
 ( Corporate News - 03-Dec-20   17:41 )
  Board of Gati to consider fund raising
 ( Corporate News - 04-May-21   19:39 )
  Gati gallops on plans to induct strategic partner
 ( Hot Pursuit - 24-Apr-18   11:43 )
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