Saturday, October 23, 2021

GDL Q2FY22 PAT zooms 1272% yoy | Investment Strategy

Gateway Distriparks Limited (GDL)

CMP: 261


Gateway Distriparks Limited (GDL), a leading integrated inter-modal logistics facilitator in India, today announced its unaudited financial results for the September quarter of the current financial year.

The net profit of the company zoomed 1271.64% to Rs46.91cr in the quarter ended September 2021 as against Rs3.42cr during the previous quarter ended September 2020.

Also, the sales rose 27.89% to Rs335.74cr in the quarter ended September 2021 as against Rs262.52cr during the previous quarter ended September 2020.


Stock Outlook

GDL  is currently well placed for investment. 250 -260 is good support zone for investment too. In long term stock can test 348 - 381 levels and in short term it can test the levels of 291 - 312 levels in upside. 


Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader, user and company that are mention on this website. We are not SEBI registered financial advisor or analyst.


No comments:

Post a Comment