- Reuters•last year
Indian logistics firm Gateway Distriparks Ltd is aiming to list its rail unit, valued by analysts at nearly $500 million, by the end of the current financial year in March 2016, two sources directly involved in the process told Reuters. In order to maintain a majority stake after the initial public offering, the company is in talks with private equity firm Blackstone to buy back a five to seven percent stake in unit Gateway Rail Freight, the sources said. Gateway Distriparks wants to maintain its stake in Gateway Rail Freight at 51 percent or more, they said.
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Gateway Distriparks Limited (GDL.NS)
NSE - NSE Delayed Price. Currency in INR
|Day's Range||271.00 - 282.90|
|52wk Range||205.80 - 374.90|
|1y Target Est||N/A|
|P/E Ratio (ttm)||26.98|
|Avg Vol (3m)||127,956|
|Dividend & Yield||N/A (N/A)|