Gati has been doing pretty well over on the bourses for the past couple of days. And this could be attributed to its future prospects. The news is that institutional investors have found a new ‘sunrise’ in logistic companies as they expect this sector to reap immense benefits from the booming e-commerce business. And once the GST Bill gets going, this sector could emerge as one of the biggest gainers. FII stake in Gati, sequentially has risen from 8.58% to 9.33% and that of Domestic institutions from 0.21% to 0.51%.

And Gati has been doing well operationally too though Q4FY15 performance was a bit tepid. It posted a consolidated net profit of Rs.11 crore v/s Rs.12 crore (YoY). Total income rose from Rs.416 crore to Rs.384 crore. The company ended FY15 with consolidated total income rising 14% at Rs.1663 crore and net profit was up 59% at Rs.57 crore.