Gujarat Pipavav Port surges on resuming port operations
Gujarat Pipavav Port is currently trading at Rs. 115.50, up by 1.25 points or 1.09% from its previous closing of Rs. 114.25 on the BSE.
The scrip opened at Rs. 112.30 and has touched a high and low of Rs. 116.20 and Rs. 112.30 respectively. So far 62053 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 120.25 on 05-Apr-2023 and a 52 week low of Rs. 70.40 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 117.35 and Rs. 112.30 respectively. The current market cap of the company is Rs. 5586.15 crore.
The promoters holding in the company stood at 44.01%, while Institutions and Non-Institutions held 44.02% and 11.97% respectively.
Gujarat Pipavav Port has resumed port operations since early morning hours on June 17, 2023 with normalization of the weather conditions. Earlier, company had suspended port operations since late evening on June 10, 2023, due to the severe weather conditions emanating from Cyclone Biparjoy.
Gujarat Pipavav Port is engaged in providing port services such as marine services, material handling and storage operations.
