Shares of Gati ended 12.35% higher on the BSE after the company disclosed that Kintetsu World Express (KWE), a Japanese firm, had acquired 5% stake in the company on Tuesday through an off-market deal.
The Japanese logistics firm bought 43 lakh shares for a 5% stake in the company. The scrip ended at Rs 91 on the BSE.
Also Read
World’s fastest bowler: Morne Morkel at a humongous 173.9 kmph at IPL 2013, but Hawk-Eye was not looking
Raghavan Putran to head NCDEX
Chef turned woman into ?200-a-night prostitute
Our world was hotter 1,000 years ago
