Gateway Distriparks completes first phase of logistics park and container freight station

Shital Jibhe / 15 Feb 2017

Gateway Distriparks completes first phase of logistics park and container freight station

Gateway Distriparks has announced that it has completed the first phase of the construction of logistics park and container freight station next to Krishnapatnam Port container terminal.

Gateway Distriparks has announced that it has completed the first phase of the construction of logistics park and container freight station next to Krishnapatnam Port container terminal. It has received necessary approvals from the customs department and the facility is ready to commence its operations from today. The company has invested Rs 90 crore in the first phase of development.
 
Gateway Distriparks stock ended in the red on the bourses. In the last one year, the stock has given a return of 4.12 per cent. ICICI Prudential Mutual Fund is the top fund house which has invested in the stock.