88.50 -1.00 (-1.12%)
NSE Jan 28, 2021 13:44 PM
Volume: 137.3K
 

Gujarat Pipavav Port Ltd.    
13 Nov 2020
88.50
-1.12%
ICICI Securities Limited
In Q2, while July, August posted good uptake of container volumes, the company experienced a tough September due to disruption in the domestic trade patterns (more exports), shortages of empty containers and skipped calls (19 in Q2), thereby leading to a 50-60% hike in ocean freight along some routes. However, the management saw volumes returning in October, November (no skipped calls seen so far). Going ahead, GPPL expects the situation (surcharges by shippers) to largely normalise. The bulk segment continued to witness growth (up 36%) while the liquid, RoRo segment...
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Gujarat Pipavav Port Ltd. is trading below it's 30 day SMA of 92.1
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