The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
Tag: Gujarat Pipavav Port
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Wisdom Aplenty
Allcargo Logistics Ltd, the global leader in integrated logistics listed on NSE and BSE and part of the Avvashya Group, recently announced the expansion of its senior leadership team through the addition of two industry veterans, Prakash Tulsiani and Martin Muller.
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Pipavav Port to fund expansion
Gujarat Pipavav Port has said that it will now fund its expansion plans through internal accruals as it has terminated loans from the multi-lateral agency IFC.
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Pipavav Port gets dividend
Gujarat Pipavav Port (APM Terminals Pipavav), has got an interim dividend of Rs 38 million (5 per cent) from Pipavav Railway Corporation (PRCL). The dividend is a historic first for Indian Railway's flagship infrastructure company under public-private partnership (PPP). The dividend cheque for the current financial year was handed over to Dinesh Lal, director of APM Terminals Pipavav by Pankaj Malviya, MD of PRCL.
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Pipavav Port gets Rs 38 mn dividend from PPP project
Gujarat Pipavav Port (APM Terminals Pipavav), has got an interim dividend of Rs 38 million (5 per cent) from Pipavav Railway Corporation (PRCL) on October 23 at Mumbai. The dividend is a historic first for Indian Railway's flagship infrastructure company under Public Private Partnership (PPP).
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Gujarat Pipavav Port receives interim dividend of Rs 38 million from Pipavav Railway Corporation Ltd
APM Terminals operated Gujarat Pipavav Port (APM Terminals Pipavav), one of Western India's fastest growing gateway ports, received an interim dividend of Rs. 38 million (5%) from Pipavav Railway Corporation Ltd.
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Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr
The Nikhil Gandhi-promoted Gujarat Pipavav Port on October 22 reported an over five-fold growth in post tax profit at Rs 44.1 crore for the third quarter ended September 30. The company had recorded a net profit of Rs 8.2 crore in the corresponding July-September period last year.
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GPPL to invest Rs 11 bn on capacity enhancement
In the next two years, APM Terminals-owned Gujarat Pipavav Port (GPPL) plans to invest Rs 1,100 crore to double container capacity and setup tank farms at an investment. GPPL, which runs IndiaÂ’s first private port at Pipavav, plans to expand its container capacity from the existing 850,000 twenty foot equivalent units of containers (TEUs) to 1.5 million TEU
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Shares of Gujarat Pipavav Port change hands
Recently, a bunch of shares of ` 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
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Income of Gujarat Pipavav Port rises in March quarter
Net sales or income from operation of Gujarat Pipavav Port rose to Rs 124.47 crore during Jan-Mar 2013 from Rs 100.38 crore in the year-ago period. The port posted Rs 35.37 crore net profit during the quarter under consideration against Rs 14.08 crore in the corresponding period of
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