Don’t miss the latest developments in business and finance.

Gujarat Pipavav Port hits 52-week after twin bulk deals

Image
Capital Market
Last Updated : Dec 12 2013 | 11:56 PM IST

Gujarat Pipavav Port surged 4.14% to Rs 61.70 at 15:10 IST on BSE after 0.14% equity changed hands in two bulk deals executed on the counter on BSE today, 12 December 2013.

A bulk deal of 1.70 lakh shares was executed on the Gujarat Pipavav Port counter at Rs 59.20 per share at 12:25 IST on BSE today, 12 December 2013. Another bulk deal of 5 lakh shares was executed on the counter at Rs 59.20 per share at 12:36 IST on BSE today, 12 December 2013.

Meanwhile, the S&P BSE Sensex was down 240.54 points, or 1.14%, to 20,930.87

On BSE, so far 9.52 lakh shares were traded in the counter compared with average volume of 1.94 lakh shares in the past one quarter.

The stock hit a 52-week high of Rs 62.15 in intraday trade today, 12 December 2013. The stock hit a low of Rs 58.50 so far during the day. The stock hit a record low of Rs 41 on 12 February 2013.

The stock outperformed the market over the past one month till 11 December 2013, rising 8.52% compared with the Sensex's 3.32% rise. The scrip had also outperformed the market in past one quarter, rising 32.4% as against Sensex's 5.87% rise.

The small-cap company has an equity capital of Rs 483.44 crore. Face value per share is Rs 10.

More From This Section

Gujarat Pipavav Port's net profit surged 439.7% to Rs 44.09 crore on 36.4% jump in net sales to Rs 117.98 crore in Q3 September 2013 over Q3 September 2012.

Gujarat Pipavav Port provides facilities for handling both container and bulk cargo.

Powered by Capital Market - Live News

Also Read

First Published: Dec 12 2013 | 3:12 PM IST

Next Story