Gujarat Pipavav

Gujarat Pipavav Port dips 5% on weak container cargo volumes in Q2FY25

Gujarat Pipavav said its cargo container volume dropped 17 per cent Y-o-Y to 1,79,000 twenty-foot equivalent units (TEU)

Gujarat Pipavav stock hits new high, soars 9% in subdued market

Pipavav Port is in the forefront amongst all Indian ports in driving the government's initiative of increasing the market share of railways in freight handling.

NTPC Green Energy signs 2 pacts for green hydrogen projects in Gujarat

NTPC Green Energy Ltd (NGEL) on Friday announced the signing of two initial pacts for the development of green hydrogen projects in Gujarat. The NTPC's arm signed the Memoranda of Understandings (MoUs) with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL) These pacts were signed at the Vibrant Gujarat Summit in Gandhinagar. In a statement, NTPC said the pact with GSPC is for the blending of green hydrogen in the gas networks of GSPC and green hydrogen mobility by setting up of green hydrogen fuelling stations in Gujarat. The MoU with GPPL aims to develop green hydrogen ecosystem, including production of Green Ammonia at the land provided by GPPL for export and domestic market, according to the statement. NGEL is a wholly-owned subsidiary of NTPC with an operational capacity of over 3.4 GW and 26 GW in pipeline, including 7 GW under implementation.

Gujarat Pipavav Port net profit grows 51% to over Rs 107 cr in Sept quarter

Gujarat Pipavav Port Ltd on Wednesday posted a 51 per cent rise in consolidated net profit at Rs 107.6 crore for the September quarter, helped by higher income. It had clocked Rs 70.8 crore net profit for the year-ago period, the company said in a regulatory filing. Total income rose to Rs 274.2 crore, from Rs 237.8 crore in the same quarter a year ago. Expenses were at Rs 132.9 crore, as against Rs 137.2 crore in the year-ago quarter. The Board of Directors have also approved an interim dividend of Rs 3.60 per share for the financial year 2023-24 and fixed November 21 as the record date to determine the members eligible for receiving the amount. The dividend amount is likely to be paid to eligible members by December 5, 2023. APM Terminals Pipavav is located in Gujarat, just 152 nautical miles (10 hours steaming time) from Nhava Sheva in Mumbai. It has immediate access to key markets in northwest India and the largest sea food export belt in India via road and rail, including di

Gujarat Pipavav Port nears 52-week high; stock surges 18% in one month

The stock was up 4% to Rs 108.85, and was trading close to its 52-week high level of Rs 109.35 touched on December 30, 2022

Tariff hikes, gas volume uptick positive for Gujarat Pipavav Port

With WDFC likely to link Gujarat ports in Q4FY21, competency in rail evacuation is now advantage and this factor has enabled Pipavav Port to finally take price hikes

JP Morgan Funds buys TCS shares worth Rs 247 cr via open market transaction

The block deal data on BSE showed that JP Morgan Funds bought over 11.23 lakh shares of TCS at an average price of Rs 2,199 apiece, and the total deal value stood at Rs 246.98 crore.

Coronavirus spread to weigh on domestic ports and logistics sectors

At present, sectors like warehousing, trucking, and last-mile delivery, are facing several challenges. Labour shortage has turned out to be the biggest one, across segments.

Gujarat Pipavav Q4 standalone net dips 25% to Rs 49.8 cr

Total income down 14% to Rs 161 cr; Board recommends maiden dividend of Rs 1.90 a share