Penny Stock Under Rs 100 To Keep Under Radar as Company Launches Double Stack Rail Services At ICD Faridabad
The company has a market cap of over Rs 4,000 crore and has delivered good profit growth of 18.1 per cent CAGR over the last 5 years.3
Gateway Distriparks Limited (GDL), a leading multimodal logistics company in India, has launched Double Stack Rail services at its Inland Container Depot (ICD) in Faridabad. This milestone marks ICD Faridabad as the first and only location in the region to offer Double Stack services, providing a significant competitive advantage with direct connectivity to major seaports such as Mundra, Pipavav, and Nhava Sheva via the Western Dedicated Freight Corridor (WDFC).
This strategic enhancement establishes Gateway Distriparks as a pioneer in the logistics sector, offering a first-mover advantage. With the addition of ICD Faridabad, GDL now operates Double Stack services at three hubs, including its ICDs in Gurgaon and Viramgam, all connected through the WDFC. The introduction of Double Stack Rail services at ICD Faridabad will enhance the carrying capacity, improve the productivity of GDL’s 34 trainsets, and facilitate container movement from its other ICD locations.
The development provides substantial benefits to exporters and importers across Delhi NCR, Haryana, Uttar Pradesh, and nearby regions. With up to 30 per cent more capacity per trip, Double Stack services help optimize freight costs, streamline operations, and reduce delivery times. By boosting supply chain reliability and reducing the carbon footprint associated with transportation, the new service will contribute to sustainable economic growth in the area. Gateway Distriparks expects to lower carbon emissions aligning with the company’s commitment to environmental responsibility.
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About Gateway Distriparks Ltd
Gateway Distriparks Ltd has a network of 10 container terminals strategically located across the country, operating a fleet of 34 trainsets along with 560+ trailers for transportation between its facilities and maritime ports, as well as first & last mile connectivity to provide end to end solutions to the EXIM industry. The company offers general & bonded warehousing, rail & road transportation, container handling services and other value-added services. Through Snowman Logistics Limited, its associate company, the company offers also cold chain logistics and 5PL distribution services across the country.
The company has a market cap of over Rs 4,000 crore, has delivered good profit growth of 18.1 per cent CAGR over the last 5 years and has been maintaining a healthy dividend payout of 37 per cent. On Tuesday, shares of Gateway Distriparks Ltd plunged 0.82 per cent to Rs 87.09 per share with an intraday high of Rs 88.15 and an intraday low of Rs 86.16. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.