Trending stocks: Gati share price jumps 8% in early session

NEW DELHI: Shares of Gati traded 8.13 per cent up in Tuesday 's trade at 10:08 am.

Around 46724 shares changed hands on the counter. The stock opened at Rs 50.05 and touched an intraday high and low of Rs 50.05 and Rs 49.1 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 94.45 and a 52-week low of Rs 35.15 .


The company said it had to scale down and suspend operations in most of company’s operations due to nationwide lockdown.

Financials
Gati Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 553.02 Crore) operating in Logistics sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 443.82 Crore, up .94 % from last quarter Sales of Rs 439.70 Crore and down -7.65 % from last year same quarter Sales of Rs 480.56 Crore Company has reported net profit after tax of Rs -5.15 Crore in latest quarter.

Gati Ltd. key Products/Revenue Segments include Diesel, Petrol & Lubricants which contributed Rs 292.09 Crore to Sales Value (56.58 % of Total Sales), Freight & Demurrage which contributed Rs 218.98 Crore to Sales Value (42.42 % of Total Sales) and Other Operating Revenue which contributed Rs 5.11 Crore to Sales Value (0.98 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 10.04952 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 443.82 crore and net profit of Rs -5.15 crore.

Valuation ratio
It quoted a price-to-earnings ratio of -85.36 and price to book value of 0.64 .