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Jun 06, 2012, 09.42 AM IST

Gujarat Pipavav approves project expansion plan

Gujarat Pipavav Port board has approved the project expansion plan for Pipavav Port at a total cost of Rs 1097 crore, reports CNBC Awaaz.

Source: Moneycontrol.com
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Gujarat Pipavav Port board has approved the project expansion plan for Pipavav Port at a total cost of Rs 1097 crore. This will be financed through a mix of debt, equity and internal accruals. Also board okayed raising Rs 350 crore via equity, reports CNBC Awaaz.


Gujarat Pipavav touched an intraday high of Rs 58.80 and an intraday low of Rs 57.90. At 09:33 hrs the share was quoting at Rs 58.00, up Rs 2.00, or 3.57%.
 
It was trading with volumes of 14,947 shares. In the previous trading session, the share closed down 1.84% or Rs 1.05 at Rs 56.


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