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Gujarat Pipavav Port hits record high

The stock rallied nearly 9% to Rs 250, also its record high on the NSE, during intra-day trade.

SI Reporter Mumbai
Shares of Gujarat Pipavav Port have moved higher by 9% to Rs 250, also its record high on the National Stock Exchange (NSE).

Ministry of Commerce and Industry in a notification dated March 13, 2015 said that two new Customs Ports, Kattupalli Port and APM Terminals, Pipavav Port are being added to the list of 12 existing ports/ICDs, thereby taking the total number of ports/ICDs to 14, for importing new vehicles.

The stock opened at Rs 230 and hit a low of Rs 226 on the NSE.  Till 1448 hours, a combined 1.11 million shares changed hands on the counter on NSE and BSE.
 
 

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First Published: Mar 16 2015 | 2:53 PM IST

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