Gujarat Pipavav Port Ltd 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. 

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