Live Breaking News & Updates on Gateway Distriparks Ltd
Stay updated with breaking news from Gateway distriparks ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Stopped in Its Tracks businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], Aug 16 (ANI): The Indian Railways ran first train under the new freight express scheme which assures transit times from inland container depots (ICDs) to maritime ports with Gateway Rail's export train service on the Independence Day. ....
GDL remains a direct play on: i) rail freight progressively gaining share over road, accentuated by DFC, ii) cold chain logistics opportunity in India augmented by increased focus on pharma vertical, given its 40% controlling stake in Snowman Logistics. Net debt has reversed up in the quarter, up by Rs270mn QoQ to Rs4.5bn (reported). Net debt at ~ 13% of market cap, majority of the deleveraging benefit is behind us. Also, there is not much debt repayment scheduled for in FY22E. Even with higher EBITDA assumptions for Rail and CFS as well as higher attributed multiple for the rail business, our target price justifies an ADD, leading to the downgrade in recommendation. ....
Gateway Distriparks Ltd consolidated Q1FY22 PAT at Rs. 43.53 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Gateway Distriparks Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 3950.43 Crore) operating in Logistics sector. ....