GUJARAT PIPAVAV PORT SHARE PRICE

Gujarat Pipavav Port Ltd. is India’s first port in the private sector for containers, liquid, and bulk cargo. It is only 152 nautical miles from Nhava Sheva in Mumbai. It was established in 1996, with its headquarters in Pipavav, Gujarat. During the June 2022 quarter, the port’s total income was Rs 216.98 crore. It was down 4.73% from the total income of Rs 227.74 crore during the March 2022 quarter. The company’s market capitalisation on 30 August 2022 stood at Rs 4,205 crore.  

The company is listed on the Bombay Stock Exchange with the code 533248, and on the National Stock Exchange with the code GPPL.  

Gujarat Pipavav Port Ltd. has access to major shipping lines. It can handle a maximum of 1.35 million TEUs of containers, liquid cargo of 2 million tonnes, around 250,000 cars, and 4-5 million tonnes of dry bulk cargo per year. The port entered into a joint venture with Indian Railways in 2000 to launch Pipavav Rail Corporation Limited. 

On 30 June 2022, the company’s shareholding pattern showcased a domestic institutional investor stake of 20.5%, a foreign institutional investor stake of 21.48%, a promoter stake of 44.01%, and a public stake of 14.02%. The entire promoter share belongs to APM Terminals Mauritius Ltd. In the June 2022 quarter, mutual fund holdings increased from 19.78% to 20.18%, while FII holdings decreased from 22.78% to 21.48%.  

The company’s top management includes MrTejpreet Singh Chopra, Mr Timothy Smith, Mr Maarten Degryse, Mr Julian Bevis, Mr Soren Brandt, Mr Jonathan Richard Goldner, Mr Matangi Gowrishankar, Mr Jakob Friis Sorensen, Mr Keld Pedersen, Mr Samir Chaturvedi, Ms Hina Shah, Ms Monica Widhani, and Mrs Avantika Singh Aulakh. The auditors are Price Waterhouse Chartered Accountants LLP. On 30 June 2022, the company had a total of 48.34 crore shares outstanding.  

On 30 August 2022, Gujarat Pipavav Port Ltd.’s share price closed at Rs 86.80 on BSE. The company’s share price closed at Rs 87 on NSE. The 52-week high share price for Gujarat Pipavav Port Ltd. was Rs 119, and the 52-week low for the company’s share price was Rs 70.30.  

The company’s peers include Adani Ports SEZ and Dredging Corporation India Ltd. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose 

Gujarat Pipavav Port Ltd. is India’s first port in the private sector for containers, liquid, and bulk cargo. It is only 152 nautical miles from Nhava Sheva in Mumbai. It was established in 1996, with its headquarters in Pipavav, Gujarat. During the June 2022 quarter, the port’s total income was Rs 216.98 crore. It was down 4.73% from the total income of Rs 227.74 crore during the March 2022 quarter. The company’s market capitalisation on 30 August 2022 stood at Rs 4,205 crore.  

The company is listed on the Bombay Stock Exchange with the code 533248, and on the National Stock Exchange with the code GPPL.  

Gujarat Pipavav Port Ltd. has access to major shipping lines. It can handle a maximum of 1.35 million TEUs of containers, liquid cargo of 2 million tonnes, around 250,000 cars, and 4-5 million tonnes of dry bulk cargo per year. The port entered into a joint venture with Indian Railways in 2000 to launch Pipavav Rail Corporation Limited. 

On 30 June 2022, the company’s shareholding pattern showcased a domestic institutional investor stake of 20.5%, a foreign institutional investor stake of 21.48%, a promoter stake of 44.01%, and a public stake of 14.02%. The entire promoter share belongs to APM Terminals Mauritius Ltd. In the June 2022 quarter, mutual fund holdings increased from 19.78% to 20.18%, while FII holdings decreased from 22.78% to 21.48%.  

The company’s top management includes MrTejpreet Singh Chopra, Mr Timothy Smith, Mr Maarten Degryse, Mr Julian Bevis, Mr Soren Brandt, Mr Jonathan Richard Goldner, Mr Matangi Gowrishankar, Mr Jakob Friis Sorensen, Mr Keld Pedersen, Mr Samir Chaturvedi, Ms Hina Shah, Ms Monica Widhani, and Mrs Avantika Singh Aulakh. The auditors are Price Waterhouse Chartered Accountants LLP. On 30 June 2022, the company had a total of 48.34 crore shares outstanding.  

On 30 August 2022, Gujarat Pipavav Port Ltd.’s share price closed at Rs 86.80 on BSE. The company’s share price closed at Rs 87 on NSE. The 52-week high share price for Gujarat Pipavav Port Ltd. was Rs 119, and the 52-week low for the company’s share price was Rs 70.30.  

The company’s peers include Adani Ports SEZ and Dredging Corporation India Ltd. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose