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Shares of Gateway Distriparks surged 15 per cent to Rs 135 on the BSE on Wednesday, amid heavy volumes, after the company’s consolidated net profit nearly doubled to Rs 32.62 crore for the December quarter (Q3FY21), led by strong operating performance. The company, a leading integrated inter-modal logistics facilitator, had posted a profit of Rs 16.39 crore in the year-ago quarter.
The stock is trading close to its 52-week high level of Rs 138 scaled on January 29, 2020. The trading volumes on the counter jumped over three-fold and a combined 1.9 million equity shares changed hands on the NSE
