Skip to main content

Gati


Gati Ltd (MP 129.95 as on 16/XI/2007)
BSE Code - 532345
Company Website - http://www.gati.com
Sector - SUPPLY CHAIN MANAGEMENT
Company Profile
Gati is a leader in express cargo delivery and a pioneer in distribution and supply chain management solutions in India since 1989.
We at Gati Limited take immense pride in our status as pioneers in the Indian cargo and logistics management industry. Headquartered in Secunderabad, Andhra Pradesh, our network extends across the Asia Pacific and we also have an office in Singapore - Gati International.
We provide customers with quality service through speedy and efficient movement of cargo. We also offer top-of-the-line supply chain management services across India, the SAARC countries and Asia Pacific markets.
Having started out in 1989 as a cargo management company, we have grown into an organization with 6400 dedicated professionals and a turnover of Rs 4577 million. Our business philosophy is to integrate the latest and best technological innovations into our service and support network.
Reach is key. Currently, Gati has the largest fleet of vehicles on the road - over 2000 vehicles. The network reaches out to 594 districts (out of 602) in India. A tie up with Indian Airlines offers our customers access to India's largest air network, thus ensuring speedy delivery of goods.
Our endeavour is to create unique and lasting solutions for our customers. In 2001, for instance, we were the first to launch an exclusive cargo train between Mumbai and Kolkata. We also offer a wide range of solutions. Our network goes out to countries across the globe and right down to the smallest district in India.
At Gati, we strongly believe that technology drives innovation. Web-based tracking systems enable our customers monitor their cargo online. Our technological solutions provide customers with state-of-the-art cargo management tools. We use mechanized racking systems at our 600,000 sq.ft automated warehouse at Panvel in Maharashtra.
Time implies money. We were the first to offer a money-back guarantee on our express cargo services. Keeping customer satisfaction in mind, we launched the cash-on-delivery scheme and were also the first to announce a toll-free number to look into complaints and requests.
Customer knows best. All services and solutions are custom-designed for our clients. Our clients range from large corporates, small and medium enterprises, units in cluster markets, wholesalers and individuals. Our services are backed by a strong, structured, multi-modal network.
From a global multinational corporate to the small chikankari trader in Lucknow, our customers know they will always come first. Gati stands for commitment, integrity and efficiency and enjoys immense goodwill among its clients.
From inception till today, Gati stands for a commitment to integrity and goodwill towards customers and the industry.
Group Companies
Continuous progress is our mantra. Our unmatched infrastructure, quality-conscious personnel and technological capabilities are all focused on one goal - to move your cargo to its destination on time. To this end, we have enhanced our services with a greater focus on cargo management and customer satisfaction, and have improved our operations by superior strategic planning.
We have an alliance with Jubilee Commercial, an IATA accredited freight forwarder that started operations in 1998 as Air Cargo Agent. Today Jubilee Commercial is a member of the Federation of Freight Forwarders Associations of India, Federation of Indian Chamber of Commerce and Industry and International Federation of Freight Forwarders. Jubilee is now set to become a one-stop solution provider for all freight forwarding services including customs clearance for International cargo.
(From Company website)
Result
Qtly - From BSE

House View
1. Edelweiss Research report on Gati Corporation:
2. SSKI says Gati’s performance is in line with estimates and strong growth in SSKI says Gati’s performance is in line with estimates and strong growth in the express cargo busi- ness will drive 31% earnings CAGR till 2007-8:
Opinions Expressed @ Moneycontrol.com
1. Hold Gati Corporation: Anu Jain
2007-11-16 12:57:58 Source : moneycontrol.com

2. Edelweiss maintains buy on Gati
2007-08-09 14:31:59

3. Buy Gati Corporation: Edelweiss
2007-05-05 12:36:52

News

Comments

Popular posts from this blog

Stock Market says Merry Christmas to Investors

Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.

News - Economy

Interest rates unlikely to go down (The Economic Times 4th Jan 2008)Interest rates are unlikely to fall in near future as it was expected with the State Bank of India raising the fixed deposit rate of various maturities up to 1.5 percentage points. Other banks are also planning to raise deposit rates. After SBI increasing deposit rates, other banks have no choice but to raise the rates to mobilize resources in the domestic market, chairman of a public sector bank said. As the cost of funds for banks will increase, they will resort to raising the lending rates. A senior banker said banks would announce the increased rates in near future. More Gold zooms past Rs 11,000 per 10 gm (The Hindu Businessline 4th Jan 2008)Gold prices made history as they soared to a record $ 865.35 an ounce in the London A.M fixing on Thursday, tracking which the domestic gold surged to Rs. 11,000 per 10 gm. On Wednesday, gold was fixed at $ 840.75/oz in London while in the Indian market it quoted at Rs 10,70

IIP records negative growth of 0.4% in Oct

T he country's industrial output shrunk for the first time in many years to a record a negative growth of 0.4 per cent in October, stifled by manufacturing sector -- for rescuing which the government announced a stimulus package earlier this mo nth. Output had grown by 5.45 per cent in September, and 12.2 per cent in October, 2007. The Index for Industrial Production numbers for the seven-month period ended October was 4.1 per cent against 9.9 per cent a year ago. Manufacturing sector, which accounts for 80 per cent of the index, declined to 1.2 per cent from 13.8 per cent in the year-ago period. Only earlier this month, the government sought to rescue manufacturers by announcing an across-the-board (barring petroleum goods) four per cent cut in excise duty. Electricity sector grew by 4.4 per cent during the month, bettering 4.2 per cent output of the year-ago period, while mining sector grew by a slower 2.8 per cent against 5.1 per cent in the previous year's comparable period