Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Pipavav Defence is currently trading at Rs. 91.00, up by 0.35 points or 0.39% from its previous closing of Rs. 90.65 on the BSE.
The scrip opened at Rs. 91.45 and has touched a high and low of Rs. 92.90 and Rs. 90.95 respectively. So far 92,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 98.35 on 13-Dec-2012 and a 52 week low of Rs. 52.65 on 27-Jul-2012.
Last one week high and low of the scrip stood at Rs. 91.75 and Rs. 89.15 respectively. The current market cap of the company is Rs. 6,380 crore.
The promoters holding in the company stood at 45.03% while Institutions and Non-Institutions held 20.28% and 34.69% respectively.
Pipavav Defence and Offshore Engineering Company has received its first and very prestigious contract which is approximately worth Rs 400 crore to repair, maintain and dry docking of oil rig of ONGC. The oil rig namely ‘Sagar Laxmi’ is one of the critical oil rigs of ONGC for its offshore operations. The company has been selected among the top global competitors and is expected to bag few more similar contracts in the near future.
Besides, the company has also secured highly prestigious contracts for dry docking and maintenance of critical oil rigs of global oil & gas conglomerates like ‘Transocean’ and ‘Noble’. The company has one of the largest state of art global infrastructure meant for warships building and construction/maintenance of large offshore assets.
Pipavav Defence and Offshore Engineering Company is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit spread over around 95 hectares of land and another export oriented unit (EOU) spread over around 103.92 hectares of land.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 246.35 |
| GE Shipping | 1076.00 |
| Dredging Corp | 889.60 |
| Shreyas Shipping | 304.75 |
| Seamec | 1052.85 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
