Prefer Gati among midcap logistic stocks: Avinnash Gorakshakar

In a chat with ET Now, Avinnash Gorakshakar, Head of Research, Miintdirect.com, shares his views on Gati. Excerpts:

ET Now: What is your view on the Gati at Rs 183? Do you have a target?

Avinnash Gorakshakar: I would presume that in the logistic space definitely things are getting interesting. In fact, hopefully once the macro recovery starts, you would see lot of action further on the logistic side. Clearly we have seen lot of restructuring activity also happening and some assets being sold off. So the company is now concentrating on its core activity. I would presume that if somebody has a years’ horizon in line, definitely even at the current levels there could be some good upsides. So from the midcap logistic space Gati definitely presents a good opportunity.