Announced Fri, 7 Aug · 12:34 IST
Subsidiary commissions Gati Shakti Cargo Terminal in Gujarat
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+7.8%1-day move
₹704.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+7.8+8.1+15.9+15.9+13.9+21.0————
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AI summary
KMT Engineering Private Limited, a subsidiary of Kalyani Cast-Tech, received Western Railway approval to commission its Gati Shakti Multi-Modal Cargo Terminal at Shivlakha station in Ahmedabad Division, Gujarat. The terminal is assigned code KEGS with track capacity CC+8 and opens temporarily for six months on a non-interlocked basis. This marks an important milestone, strengthening the company's cargo handling and logistics operations while helping reduce logistics costs.
Likely market impact
Positive: new logistics terminal expands subsidiary's revenue base and strengthens cargo handling capabilities.