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Pipavav Defence and Offshore Engineering Company is currently trading at Rs. 80.75, up by 0.65 points or 0.81% from its previous closing of Rs. 80.10 on the BSE.

The scrip opened at Rs. 81.15 and has touched a high and low of Rs. 81.80 and Rs. 80.75 respectively. So far 59,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.60 on 13-Sep-2011 and a 52 week low of Rs. 50.65 on 21-Nov-2011.

Last one week high and low of the scrip stood at Rs. 83.65 and Rs. 79.30 respectively. The current market cap of the company is Rs. 5,581.00 crore.

The promoters holding in the company stood at 43.34%, while Institutions and Non-Institutions held 18.62% and 38.04% respectively.

Pipavav Defence and Offshore Engineering Company has entered into strategic partnership with DCNS to build the highest state of the art strategic assets including modern warships for the Indian Navy and Coast Guard.

The partnership is expected to boost India’s drive for self-reliance in the field of defence manufacturing and to create a large number of local jobs. It will further strengthen the solid Indo-French strategic relationship in the defence sector.

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.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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