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 to announce Quarterly Result
 ( Corporate News - 03-Dec-19   11:17 )
  Gati completes divestment of 69.79% stake held in Gati Kausar
 ( Corporate News - 16-Jul-21   10:57 )
  Gati soars after Q2FY24 volume up 18% YoY
 ( Hot Pursuit - 16-Oct-23   14:17 )
  Gati reports consolidated net profit of Rs 8.28 crore in the March 2019 quarter
 ( Results - Announcements 29-May-19   16:44 )
  Gati standalone net profit rises 84.92% in the September 2017 quarter
 ( Results - Announcements 17-Nov-17   17:36 )
  Gati announces resignation of directors
 ( Corporate News - 06-Oct-20   20:49 )
  Gati schedules EGM
 ( Corporate News - 13-Dec-19   09:58 )
  Gati standalone net profit rises 46.55% in the June 2016 quarter
 ( Results - Announcements 05-Aug-16   12:47 )
  Gati to table results
 ( Corporate News - 28-Jan-20   10:44 )
  Board of Gati recommends final dividend
 ( Corporate News - 28-Apr-16   12:36 )
  Gati consolidated net profit rises 20.56% in the June 2016 quarter
 ( Results - Announcements 05-Aug-16   12:03 )
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