Gateway Distriparks Share Price Surges After Q4 Revenue, Ebitda Increase
Gateway Distriparks saw a 42.7% revenue rise to Rs 535 crore, compared to Rs 375 crore in the same quarter last year.
Share price for Gateway Distriparks Ltd. surged 8% as the company's Q4 Ebitda and revenue grew. The stock was trading at high volume.
The company saw a 42.7% revenue rise to Rs 535 crore, compared to Rs 375 crore in the same quarter last year.
Ebitda rose 29.4% to Rs 108 crore in the fourth quarter, against Rs 83.2 crore, while margin contracted to 20.1% from 22.2%.
Moreover, Gateway Distriparks incurred net losses worth Rs 193 crore after reporting a profit in the year ago period. It reported an exceptional loss of Rs 259 crore.
Gateway Distriparks Share Price Today
Share price of the company rose as much as 8.01% to Rs 70 apiece, the highest level since Feb. 19, 2025. It pared gains to trade 5.14% higher at Rs 68.13 apiece, as of 10:44 a.m. This compares to a 0.28% decline in the NSE Nifty 50.
The stock has fallen 12.14% on a year-to-date basis, and is down 32.21% in the last 12 months. Total traded volume so far in the day stood at 13 times its 30-day average. The relative strength index was at 69.45.
All the nine analysts tracking the company maintain 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies an upside of 24.3%.
