Friday 4 October 2013

Morgan Stanley buys 6 lakh shares of Gateway Distriparks for Rs 6.26 crore: Report

Morgan Stanley has reportedly bought 6 lakh shares or 0.55% stake of Gateway Distriparks through the open market route. The shares were purchased on an average price of Rs 104.48 valuing the transaction to Rs 6.26 crore.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form. The company operates CFS located at Dronagiri, Navi Mumbai, New Manali, Chennai, Vishakapatnam and Inland Container Depot at Garhi Harsaru (near Delhi) and Haryana.

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