Reports On Company: gati
| Gati is turning over a new leaf. Buy for target price of Rs 234 (58% upside): Nuvama | |
| Company: | gati |
| Brokerage: | Nuvama |
| Date of report: | October 13, 2023 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 58% |
| Summary: | Gati (GTIC) has emerged as one of India’s leading multi-modal express logistics players. It operates in two segments — express logistics and fuel stations, which contribute 85% and 15% to total revenue, respectively. We initiate coverage with a ‘BUY’ rating and a DCF-based fair value of INR234, implying an upside of 58% from its CMP |
| Full Report: | Click here to view full post with link to download pdf file |
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