Buy Gateway Distriparks; target of Rs 340: ICICI Direct

ICICI Direct is bullish on Gateway Distriparks has recommended buy rating on the stock with a target price of Rs 340 in its research report dated July 30, 2021.

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August 04, 2021 / 05:26 PM IST
 
 
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ICICI Direct's research report on Gateway Distriparks


GDL has a diversified presence in logistics verticals like container train operators (CTO), cold chain logistics and container freight stations. Rail segment comprises ~70% of consolidated revenues, with the rest being contributed by CFS Has five intermodal terminals, built on owned land at key areas along WDFC


Outlook


We remain positive on the stock and maintain our BUY recommendation We value the stock at Rs 340 i.e. 26x P/E on FY23E EPS


For all recommendations report, click here


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Tags: #Buy #Gateway Distriparks #ICICI Direct #Recommendations
first published: Aug 4, 2021 05:26 pm