Integrated logistics services provider Gateway Distriparks on Tuesday reported a 99.02 per cent jump in its consolidated profit at Rs 36.62 crore in the quarter ended December. The company had posted a profit of Rs 16.39 crore in the third quarter of financial year 2020-21. Total sales grew 3.88 per cent to Rs 316.29 crore during the quarter under review as against Rs 304.48 crore in the third quarter of the previous financial year, the company said in a release. Rail container volumes were up 8.8 per cent to 67, 042 TEUs (twenty-foot equivalent unit) as against 61,634 TEUs in the third quarter of financial year 2020-21, while the CFS business declined 11 per cent to 84060 TEUs, which was 94,337 TEUs in December quarter of the financial year 2020-21.
Share Market Highlights: Sensex ends 834 points higher, Nifty at 14,521; Bajaj twins, HDFC, L&T top gainers January 19,2021 17:28 IST
Sensex, Nifty Highlights on January 19: Reversing from yesterday s lows, market benchmarks rose sharply on Tuesday and closed near record highs, tracking cues from positive global equities. Sensex added 834 points today to 49,398 and Nifty gained by 239 points to 14,521. Sensex and Nifty today touched intraday high of 49,499 and 14,546. Earlier on January 13, Sensex and Nifty hit fresh lifetime highs of 49,795 and 14,653, respectively. Bajaj Finance, followed by SBI, ONGC, IndusInd Bank, Reliance Industries, HDFC and Axis Bank were among the top gainers. On the other hand, ITC and HDFC Bank were the laggards. Meanwhile, September quarterly earnings announcements by ICICI Lombard General Insurance Company, Alembic Pharma, Ceat, CSB Bank, DCM Shriram, L&T Infotech, Skipper, Tata Communications will also set the tone for the stock market today. Yesterd
Trade setup for Tuesday: Top 15 things to know before Opening Bell
A move below 14,125 could confirm the reversal pattern and that is likely to trigger more weakness in the short term, Nagaraj Shetti of HDFC Securities said. Sunil Shankar Matkar January 19, 2021 / 07:27 AM IST
The stock market, after rangebound movement with a weak bias, tried to recover losses in the afternoon session on January 18, but failed in the attempt and corrected sharply in the last hour of trade. All sectoral indices were caught in the bear trap.
The benchmark indices fell for a second consecutive session with the BSE Sensex declining 470.40 points or 0.96 percent to 48,564.27, while the Nifty50 dipped 152.40 points or 1.06 percent to 14,281.30 and formed a bearish candle on the daily charts.
Gateway Distriparks to pay ₹2 again
December 29, 2020
The board of directors of Gateway Distriparks on Tuesday approved the payment of second interim dividend of ₹2 a share of face value ₹10 each for the financial year 2020-21 to the shareholders. The record date for the interim dividend has been fixed as January 6, 2021, and the date of payment will be on or before January 20, the company said in a release to the stock exchanges. In October, Gateway Distriparks had announced the first interim dividend of ₹2 a share. Shares of Gateway Distriparks ended at ₹121.50, up 3.10 per cent over the previous day s close.
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December 29, 2020