GPPL trade ideas
Buy GPPL with SL of 98 on Closing BasisAs we see, a rounding bottom is been seen in GPPL on the weekly chart. We need a close above 117 for confirmation and the first target for a swing trade can be 130 and 145 with a SL of 98 on Closing Basis.
Note:: Please trade at your own risk.
Market is highly volatile. I would recommend to trade with lesser capital
GPPL CASH BUYGPPL
Date Average Price Total Traded Quantity Turnover No. of Trades Deliverable Qty % Dly Qt to Traded Qty
14-May-21 95.28 1073232 102253367.9 24373 735609 68.54
17-May-21 97.3 2239165 217876347 19080 792494 35.39
18-May-21 103.57 5031756 521148055.4 45635 1570749 31.22
19-May-21 104.3 1680388 175264614.3 19420 681070 40.53
20-May-21 102.48 662812 67921733.25 9049 317282 47.87
21-May-21 104.97 1767319 185523725.7 18329 620358 35.1
24-May-21 104.72 822439 86125983.6 13420 380987 46.32
25-May-21 103.37 522674 54028419.15 9278 299847 57.37
26-May-21 104.75 1131865 118566740.1 11127 470061 41.53
27-May-21 107.79 2908179 313479674.7 24568 1297959 44.63
28-May-21 105.96 1348542 142894640.4 13989 639855 47.45
31-May-21 108.73 2027296 220428100.5 13834 1339319 66.06
1-Jun-21 108.06 1432412 154779569.2 11163 889100 62.07
2-Jun-21 105.32 1319409 138958127.9 10454 986065 74.74
3-Jun-21 105.71 1082011 114376375.5 9860 670123 61.93
4-Jun-21 104.16 1178742 122772298.2 9052 898533 76.23
7-Jun-21 105.14 3470872 364922615.4 16491 1937404 55.82
8-Jun-21 110.51 6142529 678794644.2 54402 2514828 40.94
9-Jun-21 112.4 4124246 463573920 36728 1648012 39.96
10-Jun-21 116.78 15528259 1813339793 91640 4668276 30.06
11-Jun-21 119.02 4830569 574942534.6 45199 1792299 37.1
CATCH IF YOU CANGujarat Pipavav Port Limited was incorporated on August 05, 1992 to construct, operate and maintain an all-weather port at Pipavav, District Amreli, in the State of Gujarat. The port is designed to handle bulk, container, liquid cargo and RORO and to provide port services such as marine services, material handling and storage operations.
The company has entered into a 30 year Concession Agreement with Government of Gujarat and Gujarat Maritime Board (GMB) dated September 30, 1998 to engage in the business of developing, constructing, operating and maintaining the port on a BOOT (Build Own Operate Transfer) basis.
During the year 2005, AP Moller-Maersk group together with certain financial investors acquired the complete shareholdings held by the original promoter viz. Seaking Infrastructure Limited (SKIL) group, on receipt of approval from Government of Gujarat, and GMB. Accordingly, AP Moller-Maersk group became the key promoter of the Company under the Concession agreement.
Pursuant to the approval of the shareholders of the company in an extra ordinary general meeting held on November 17, 2009, the company has issued and allotted through Initial Public Offering (IPO) 108,695,652 equity shares of Rs 10 each at a premium of Rs 36 per share aggregating to a total of Rs 5,00 crore to all categories of investors. The issue was made in accordance with the terms of the company’s prospectus dated August 30, 2010 and the shares got listed on September 9, 2010 on Bombay Stock Exchange and National Stock Exchange.
Business area of the company
Gujarat Pipavav Port is engaged in providing port services such as marine services, material handling and storage operations.
Services
Containers
Roll-on Roll-off (RoRo)
Bulk Cargo
Liquid Cargo
Storage
Maritime Personnel
Towage
Tariffs
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