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Shares of Gujarat Pipavav Port change hands

Shares of Gujarat Pipavav Port change hands
Shares

Recently, a bunch of shares of Gujarat Pipavav Port changed hands in the Bombay Stock Exchange (BSE). On May 13, 2013, a bulk deal of 2.80 lakh shares of the firm was executed at Rs 47.50 per share. On the same day, another bulk deal of 11.62 lakh shares was struck, reports suggest.

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

It may be noted that the firm posted 151.3 percent rise in net profit to Rs 35.38 crore during Jan-Mar 2013. Its net sales grew 23.2 percent to Rs 114.10 crore during the period.

The company is the country’s first private sector port providing facilities for handling both container and bulk cargoes.

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