Monday 21 March 2016

Gujarat Pipavav port rallies 4%

The company announced the commencement of INDFEX service at Pipavav port, says a report. 

Gujarat Pipavav Port Ltd stock was higher by 4% at Rs. 174. The company announced the commencement of INDFEX service at Pipavav port, as per a report.

The scrip opened at Rs. 167.9 and has touched a high and low of Rs. 175 and Rs. 167.4 respectively. So far 77734(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8063.78 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262 on 06-Apr-2015 and a 52 week low of Rs. 136.6 on 30-Dec-2015. Last one week high and low of the scrip stood at Rs. 169 and Rs. 155.55 respectively.

The promoters holding in the company stood at 43.01 % while Institutions and Non-Institutions held 49.36 % and 7.63 % respectively.

The stock is currently trading below its 200 DMA.

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