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Thursday, 28 July 2016

Logistic stock rally showman Logistics Shine 7%


Shares of logistic stock closed higher on the BSE after the union cabinet on Wednesday approved key changes to the constitution amendment bill for goods and services tax, doing away with a 1% additional levy on supply of goods, and proposing full compensation to satest for five years for revenue loss arising from transition to GST.
Snowman logistics Ltd ended at 90.65, up by 6.05 or 7% from its previous closing of Rs 84.6 on the BSE. the scrip  opened at 87.8 and touched a high and low of Rs 91.5 and 87.6 respectively.The current market cap of the company is Rs 1413.56 crore .
Gati Ltd ended at 181.65 up by 10.55 or 6.17%  from its previous closing of Rs 171.1 on the BSE. the scrip opened at 175.55 and touched a high and low of Rs 184 and Rs 175.55

 A total of 8592670(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1503.95 crore.

Allcargo Logistics Ltd ended at Rs. 203.45, up by Rs. 12.85 or 6.74% from its previous closing of Rs. 190.6 on the BSE The scrip opened at Rs. 194.2 and touched a high and low of Rs. 204.5 and Rs. 194 respectively. A total of 1661670(NSE+BSE) shares were traded on the counter. The current market cap