GST is here. Is it time to look at logistics stocks?

Given the recent run-up in some of these stocks, analysts do not see gains sustaining for long

As the nation prepares for implementation of the goods and services tax (GST) laws, the performance at the bourses of transport and logistics companies – once considered as one of the key beneficiaries under the one nation, one tax regime – has been a mixed bag thus far in calendar year 2017 (CY17).

Five of the 10 stocks in the sector have been underperforming the market. While Blue Dart Express, Gateway Distriparks and Allcargo Logistics have recorded a negative return in this period, Arshiya and Transport Corporation of India have outperformed, surging over 60 per cent. By comparison, the S&P