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Gujarat Pipavav Port surges on signing MoU with NYK India
Dec-03-2025

Gujarat Pipavav Port is currently trading at Rs. 184.00, up by 2.10 points or 1.15% from its previous closing of Rs. 181.90 on the BSE.

The scrip opened at Rs. 182.55 and has touched a high and low of Rs. 187.75 and Rs. 181.50 respectively. So far 321778 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 202.90 on 03-Dec-2024 and a 52 week low of Rs. 121.30 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 187.75 and Rs. 174.00 respectively. The current market cap of the company is Rs. 8909.80 crore.

The promoters holding in the company stood at 44.01%, while Institutions and Non-Institutions held 35.55% and 20.45% respectively.

Gujarat Pipavav Port has signed a non-binding Memorandum of Understanding (MoU) with NYK India (NYK) to enhance the RoRo infrastructure at Pipavav Port, with high-quality facilities focused on enabling India's growing vehicle exports and automotive logistics, including Electric Vehicles.

This strategic partnership with NYK focuses on developing specialised RoRo infrastructure capable of handling 5,00,000 cars annually with an emphasis on reducing dwell time and enable seamless vessel- rail synchronization to manage growing rail volumes at Pipavav Port, while advancing sustainable and more efficient logistics.

Gujarat Pipavav Port is engaged in providing port services such as marine services, material handling and storage operations.

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