Market analysts expect Gujarat Pipavav Port to report net profit at Rs 63.3 cr, up 5.9 per cent quarter-on-quarter (QoQ). Net Sales are expected to increase by 7.1 per cent Q-o-Q (up 20.1 per cent Y-o-Y) to Rs 179 cr, according to market analysts. EBITDA - earnings before interest, tax, depreciation and amortisation are likely to rise by 7.2 per cent Q-o-Q (up 40.5 per cent Y-o-Y) to Rs 107.4 cr.
Market analysts expect recent additions of shipping services and uptick in fertilizer imports to support 7 per cent sequential increase in revenues, year-on-year (yoy) numbers non-comparable because of low base. We estimate EBITDA margin at the lower end of the 60-65 per cent band shared by the management, below the 62 per cent average of the past 2 quarters.
Meanwhile, Gujarat Pipavav share price was trading at Rs.177.10, up 1 per cent on the National Stock Exchange (NSE) today. The stock opened at Rs.175 from a previous closing of Rs.175.35. The lower price band of the share is Rs.140.30 on the other hand the upper price stands at Rs.210.40. So far, 8,37,475 shares have been traded on the National Stock Exchange (NSE) counter having a traded value of Rs. 1,476.97 lacs. Currently, the day’s high stands Rs.179.20 while the day’s low reads at Rs.174.10.
Gujarat Pipavav Port is stock analyzed by the Dynamic Levels Researchers as the top 500 performing stocks for the September quarter among the 1700 stocks which are listed on the NSE. Gujarat Pipavav Port is fundamentally strong and is safe for investment, as per Dynamic analysts and market experts. The stock also has impressive financials.
In order to seek information about the support and resistance levels of the share and also its financials and fundamentals, please a pay a quick visit to Gujarat Pipavav share price history.
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