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Logistics stocks gain up to 6%

Logistics stocks gain up to 6%

Wednesday, March 1, 2017, 11:43 AM

Logistics stocks increased up to 6% in an otherwise weak broader market. Shares of Snowman Logistics rose 6.21%, Gati rose by 4.67%, Allcargo Logistics gained 3.21% and VRL Logistics increased 2.52 % on BSE. Logistics sector is believed to be the biggest beneficiary of GST implementation, as it would ease bottlenecks for logistics companies and reduce costs.
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