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.