Stay with Gati Corporation, says Gujral (Moneycontrol.com 31st DEc 2007)Technical Analyst, Ashwani Gujral is of the view that one can continue to hold Gati Corporation with a stoploss at breakeven and anytime he/she sees this move petering out probably book some profits.Gujral told CNBC-TV18, "The entire logistic space seems to be getting some movement back. Gati Corporation consolidated for a longtime, broke out above Rs 140. The theoretical target was around Rs 190 but one can continue to hold on with a stoploss at breakeven and anytime one sees this move petering out probably book some profits. More
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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