Buy Gati; target Rs 95: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Gati with a target price of Rs 95. The current market price of Gati is Rs 88.6. Time period given by analyst is Intra Day when Gati price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 85.

Gati, incorporated in the year 1995, is a small cap company (having a market cap of Rs 961.68 crore) operating in Service sector.

Gati key Products/Revenue Segments include Diesel, Petrol & Lubricants which contributed Rs 239.93 crore to Sales Value (53.78 per cent of Total Sales), Freight & Demurrage which contributed Rs 202.80 crore to Sales Value (45.45 per cent of Total Sales) and Other Operating Revenue which contributed Rs 3.38 crore to Sales Value (0.75 per cent of Total Sales)for the year ending 31-Mar-2018.


For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 467.50 crore, up 2.58 per cent from last quarter Sales of Rs 455.74 crore and up 15.16 per cent from last year same quarter Sales of Rs 405.97 crore Company has reported net profit after tax of Rs 2.61 crore in latest quarter. The company’s top management includes Dr.P S Reddy, Mr.K L Chugh, Mr.Mahendra Agarwal, Mr.N Srinivasan, Mr.P N Shukla, Mr.Sunil Alagh, Mr.Yasuhiro Kaneda, Ms.Sheela Bhide.