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Logistics Shares Buzzing In Trade On May 18, 2021; Gati Hits 20% Upper Circuit


Shares of logistics companies' in trade on May 18, 2021 (Tuesday) have been buzzing in trade with gains of up to 20 percent. Interestingly, the headline indices at the time of writing this report have been trading firm with gains of over 1.2 percent and Nifty breaching the crucial level of 15,000 points.


Logistics Shares Buzzing In Trade On May 18, 2021; Gati Hits 20% Upper Circuit

Individually, Gati Ltd. was locked in 20% upper circuit and this is also its 52-week high price. Snowman Logistics also gained up to 11 percent to day's high of Rs. 55.4 percent. Gateway Distriparks also rallied in line and hit a fresh 52-week high gaining of Rs. 291.60 during the session, rallying again by 11 percent.

Container Corporation of India Ltd. is another scrip gaining over 7 percent currently and trading at Rs. 607.25 per share on the NSE

Here are more stocks from the segment that gained in trade today listed with their day high price, 52-week high if made today and percentage daily high considering the day's high price.

ScripDay's high price% gain on May 18
GatiRs. 125.9 ( also its 52-week high)20
TCI ExpressRs. 1140(52-week high)19
Snowman LogisticsRs. 55.411
Gateway DistriparksRs. 291.6 (52-week high)11
Container CorporationRs. 610.757
Transport Corporation of IndiaRs. 309.7 ( 52-week high)10
VRL LogisticsRs. 264.2515

Stocks from this space fall in the affordable category and have been seeing investors interest of late.

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