Gujarat Pipavav is currently trading at Rs. 56.30, up by 1.25 points or 2.27% from its previous closing of Rs. 55.05 on the BSE.
The scrip opened at Rs. 55.30 and has touched a high and low of Rs. 56.45 and Rs. 55.30 respectively. So far 2542 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. 56.45 and Rs. 52.75 respectively. The current market cap of the company is Rs. 2380.41 crore.
The promoters holding in the company stood at 43.01% while Institutions and Non-Institutions held 45.73% and 11.26% respectively.
Gujarat Pipavav Port 's long term credit rating has been reaffirmed by the credit rating agency, CRISIL at ‘A+’ with Stable Outlook , while the short term credit rating of the company has been upgraded to A1+ from ‘A1.
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.