Gujarat Pipavav Port is currently trading at Rs. 58.30, up by 0.40 points or 0.69% from its previous closing of Rs. 57.90 on the BSE.
The scrip opened at Rs. 58.20 and has touched a high and low of Rs. 59.80 and Rs. 57.50 respectively. So far 213315 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.10 on 04-Aug-2011 and a 52 week low of Rs. 48.50 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 59.90 and Rs. 56.60 respectively. The current market cap of the company is Rs. 2452.41 crore.
The promoters holding in the company stood at 43.01% while Institutions and Non-Institutions held 46.59% and 10.40% respectively.
Gujarat Pipavav Port has posted a rise of 142.15% in its net profit to Rs 27.00 crore for the quarter ended December 31, 2011 as compared to Rs 11.15 crore for the same quarter in the previous year. Total income has increased by 32.52% to Rs 115.94 crore for quarter under review as compared to Rs 87.49 crore for the quarter ended December 31, 2010.
Gujarat Pipavav Port is the developer and operator of APM Terminals Pipavav, which has multi-cargo and multi-user operations. Promoter APM Terminals Mauritius currently holds 57.9% stake in the company, pre issue. Among institutions, IDBI Trusteeship Services and IDBI Bank are the major shareholders with 10.2% and 8.9% stake.